Funded

Total loan: $475
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Silverio

Mexico
Nuevo Laredo, Mexico / Food Production/Sales

A loan of $475 helped to buy merchandise.


Silverio's story

Silverio is originally from the state of Veracruz and he has been in Nuevo Laredo for more than eight years.

Silverio has a business selling ice pops, ice cream, shakes, and naturally flavored beverages. For more than five years he has made a living in sales. He is requesting a loan to invest in merchandise for the winter season such as prepared nachos sales, kernel corn, hot chocolate, and tamales. However, he does not have the necessary money for this investment and he does not want to pull the capital from his business.

With his investment in his business he will obtain more profits and be able to help his family to get ahead and also repay the loan.

Translated from Spanish by Kiva volunteer Monica Wooters


Loan details

Loan length:

15 months
Disbursed date: September 25, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: September 25, 2012