Monday, December 29, 2008

Kiva Loan - Reyes Garcia Badillo

We weren't planning on making another Kiva loan before the new year, but we couldn't pass on the opportunity to support another business in our industry. This entrepreneur's situation appears to be very similar to our own and we are happy to lend to his business.

Here is the info from his Kiva loan page:

Name: Reyes Garcia Badillo
Location: Saltillo, Coahuila, Mexico
Primary Activity: Printing
Loan Requested: $450
Repayment Term: 3 months
Loan Use: Purchase work material

Translated from Spanish by Jimena Lopez, Kiva Volunteer

Reyes started this business because he needed an activity to take care of this financials. He used to have a similar job until her was fired, so he decided to start its own business with the help of his wife. He opened his business in August 1996 using all the knowledge he acquired in his old job. He bought all the necessary supplies, such as screens and reflectors for silk-screen print developing and he opened a shop at home where he currently works. After years of experience and using his sales person skills acquired in a previous job, it wasn’t hard for him to start his own clientele always guaranteeing the best prices. With time, he purchased better tools, such as computers and others being this the only way to successfully manage this business for over 12 years. He needs a loan of $450 that will be canceled in 3 months to invest in material and to take advantage of the Christmas season to finish all the calendar requests he has already booked.

Reyes inició el negocio porque tenía necesidad económica, ya que trabajaba para un negocio similar, y lo desocuparon, fue entonces cuando decidió trabajar por su propia cuenta poniendo el negocio el mismo con la ayuda de su esposa. Comenzó en Agosto de 1996 con los conocimientos que había adquirido, compro lo necesario para iniciarse, como son pantallas y reflectores para revelado de la serigrafía y puso en taller en su propia casa, que es donde actualmente aun lo tiene. Con la experiencia que adquirió y como también se desempeñaba como vendedor, no se le dificulto iniciar su propia cartera de clientes, dando mejores precios, lo cual le facilito iniciar su negocio, después fue adquiriendo mejores herramientas de trabajo como son computadoras y demás y es así como ha permanecido 12 años exitosamente. El necesita un préstamo por MXN $6000 que pagara en 3 meses para invertir en material y aprovechar la temporada navideña con los pedidos de calendarios que tiene ya contratados.

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