Juan is a client of Kuba Financiero and this is his story.
Juan is 45 years old and lives with his wife Beatriz and two children who are 19 and 11 years old. He says that he likes English rock, American football and also dancing. He considers himself to be very hardworking and always gives 100%. Juan has had a bakery since he was 15 years old, and he produces white bread, sweet bread, pastries, sandwiches and seasonal breads. It is a family business which he runs together with his wife (who appears with him in the photo). Their principal successes have been to grow and improve their bakery and help their children get ahead. Juan wants to continue growing his business and is seeking a loan to buy an oven and primary materials for his bakery.
Juan es un cliente de Kubo Financiero y esta es su historia.
Juan tiene 45 años y vive con su esposa Beatriz y dos hijos de 19 y 11 años. El dice que le gusta el rock en ingles, el fútbol americano y también le gusta bailar. El se considera muy trabajador y siempre da el 100%. Juan tiene un a panadería desde hace 15 años, el produce pan blanco, pan dulce, pasteles, bocadillos y pan de temporada. Es un negocio familiar que lo atiende junto con su esposa (que aparece con el en la foto). Sus principales logros han sido crecer y mejorar su panadería y sacar adelante a sus hijos. Juan quiere seguir creciendo su negocio y esta solicitando el préstamo para comprar un horno y materias primas para su panadería.
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.