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Mr. M. has a vulcanizer at his repair shop, and after more than four years he has not updated his equipment. "The tool I bought more than four years ago doesn't respond to the demands of today, which is why we need to bring it up to date. My brother and I can not make do with the lack of modern equipment, and that is why we need a loan of $1,200."

Translated from Spanish by Marty Greenstein, Kiva Volunteer

El Sr. M. tiene una vulcanizadora y a lo largo de 4 años no ha renovado su equipo de trabajo. "La herramienta que adquirí hace mas de 4 años ya no responde a las exigencias de hoy en día por lo que necesitamos actualizarnos, mi hermano y yo no damos batalla por la escasez de equipo moderno para esto necesitamos $1,200.00 dlls".

About Mexico

  • $15,600
    Average annual income
  • 38
    View loans »
    Mexico Loans Fundraising
  • $22,555,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jaime buy new parts for the vulcanizer at his repair shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 24, 2007
May 5, 2007
Currency Exchange Loss:
May 24, 2008