Issue link: http://endeavor.uberflip.com/i/210522
ENTREPRENEUR SPOTLIGHT NETWORK MEXICO Endeavor Mexico supports 130 entrepreneurs from 71 companies. Jorge Camil Moís Cherem Raúl Maldonado company Enova selected 2011 baja california (2007) industry Education employees at selection nuevo leóN (2008) 55 sinaloa (2009) (2007) AGUASCALIENTES employees 2013 Querétaro (2013) GUANAJUATO (2013) ENDEAVOR MAIN OFFICE 493 MEXICO CITY (2002) Quintana Roo (2012) puebla (2007) YUCATáN (2009) Jalisco (2008) revenue 2010 $5.1m revenue 2012 $15.8m CHIAPAS (2008) news Kubo Financiero announced a partnership with US non‐profit KIVA, which has distributed over $400m in loans since 2005. As a result, some Kubo borrowers now have their loans posted on KIVA's lending site. The alliance was covered by Reforma, one of the most widely‐circulated newspapers in Mexico. Naranya, a leader in innovative mobile communications technologies, launched an accelerator program in Monterrey to help new start‐ups get their business ideas off the ground. 55 During his May 2013 visit to Mexico City, President Barack Obama met with four Endeavor Mexico Entrepreneurs. The New York Times' Thomas Friedman mentioned three Endeavor Mexico Entrepreneurs in a March 2013 column on the resurgence of the Mexican economy. Enova's mission is ambitious but simple: To reduce the educational and digital divide in Mexico, where only 25% of children graduate from high school and roughly 69% of the population does not have access to the internet. The company builds and operates technology and education centers that provide services—such as blended learning programs—to low‐income communities in Mexico. As of September 2013, over 120,000 users had taken courses at Enova's 70 computer centers. Over the next few years, Enova hopes to build more centers across the country and become a market leader in education technology. Social entrepreneurs running a company experiencing explosive growth, Jorge, Moís, and Raúl are earning well‐deserved accolades: Jorge was named one of the top Mexican entrepreneurs under 35 by MIT Technology Review, Moís recently won the Schwab Foundation Social Entrepreneur of the Year Award, and Raúl was included in a recent New York Times column by Thomas Friedman.