Funded

Total loan: $825
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Porfirio

Mexico
Nuevo Laredo, Mexico / General Store

A loan of $825 helped to expand his store.


Porfirio's story

Porfirio has been in business selling groceries out of his home for ten years. He is requesting a loan to expand the store since customers are requesting more variety of products, such as vegetables, fruit, meat, dairy products and school supplies. He needs the loan because he does not want to decapitalize business income.

Porfirio lives with his wife and son who help out in the store. He plans to pay back the loan with the earnings from the store. He also has a prension and his son's income from his electrician work to pay for household expenses.

He wants to imrpove his business and stock a wider variety of products so his customers will stay loyal.

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess


Loan details

Loan length:

15 months
Disbursed date: September 28, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: September 28, 2012