Rosenda is a client of Kubo Financial, and this is her story.
Rosenda is 39 years old and is a single mother to her two children. Her older daughter is married and her younger son is 2 years old and lives with her. She also has a 7-year-old grandson. Rosenda considers herself a responsible person who has worked very hard to help her family get ahead in life. She runs a tortilla business where she makes some of the most delicious tortillas in town. Rosenda has been making tortillas for the past 27 years.
With the support from this loan, Rosenda plans to finish off a couple rooms in her house so she can rent them out and generate additional income to support her family.
Rosenda es una clienta de Kubo Financiero y esta es su historia.
Rosenda es una madre soltera de 39 años que tiene 2 hijos, la más grande ya esta casada y el pequeño tiene 2 años y vive con ella. También tiene un nieto de 7 años de edad. Se considera una persona responsable que ha sabido sacar a su familia adelante. Su negocio es una tortilleria, que es un alimento basico de dia con dia, yo elaboro las tortillas, que son conocidas como las mejores de la zona. Me dedico a esto desde hace 27 años. Ella esta solicitando el prestamos porqué quiere ponerle una losa a una cuartos de su casa, porque piensa rentarlos y conseguir una entrada de ingresos adicional.
Kubo.financiero is a regulated microfinance institution that provides accessible and affordable loans to borrowers in Mexico. Its online banking platform and other innovations enable Kubo to charge interest rates that are much lower than the average for MFIs in Mexico. By doing business in a new way -- leveraging technology and customized risk profiles -- the organization is able to support microfinance clients throughout the country. With funds from Kiva lenders, Kubo is able to expand its lending network even further, reach riskier clients who have less credit history, decrease interest rates for borrowers, and scale its service area.