Francisco Javier Cardona Ibarra


Status: Paying Back

$475.00   Loan Amount
49% repaid

About the Entrepreneur

Name: Francisco Javier Cardona Ibarra
Location: Nuevo Laredo, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $475.00
Loan Use: Construction of an extra room
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 12, 2009
Date Disbursed: Mar 23, 2009
Date Funded:Apr 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:13.5959 MXN = 1 USD



Francisco Javier Cardona has previously obtained a loan from FVP, which he paid back promptly. The loan was to pay off the downpayment on his current home. Now he is requesting a loan to add another room to the front of the house, as he and his wife, Mercedes Torres, are setting up a small grocery business that will take up part of their home. He needs the loan to buy building materials and begin construction to keep business and home separate.

Translated from Spanish by Eleanor Stilgoe, Kiva Volunteer


El señor Francisco Javier Cardona ya ha tenido un crédito con FVP el cual pago puntual mente. El préstamo fue para pagar el enganche de su casa que actual mente está viviendo.
Ahora nueva mente está solicitando otro crédito para construir un cuarto más al frente de la vivienda. Ya que el y su esposa la señora Mercedes Torres están iniciando un pequeño negocio de abarrotes, el cual ocupando una parte de su casa.
Es por eso que están solicitando el préstamo para comprar el material y empezar la construcción del cuarto y así tener el negocio se parado de la casa.



About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Francisco Javier Cardona Ibarra


Loan has been disbursed
 
Entrepreneur: Francisco Javier Cardona Ibarra
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Francisco Javier Cardona Ibarra by Fundación para la Vivienda Progresiva (FVP), a partner of CHF International in Mexico. We are excited to watch this business grow. Over the 12 months of this loan, Fundación para la Vivienda Progresiva (FVP), a partner of CHF International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nuevo Laredo, Mexico
Apr 16, 2009
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Kiva Help Repayment Schedule for Francisco Javier Cardona Ibarra

  Expected Repayments Actual Repayments Comments
July 2009 $39.58 $39.58 Repayment Received
August 2009 $39.58 $39.58 Repayment Received
September 2009 $39.58 $39.58 Repayment Received
October 2009 $39.58 $39.58 Repayment Received
November 2009 $39.58 $39.58 Repayment Received
December 2009 $39.58 $39.58 Repayment Received
January 2010 $39.58 Available Jan 1  
February 2010 $39.58 Available Feb 1  
March 2010 $39.58 Available Mar 1  
April 2010 $39.58 Available Apr 1  
May 2010 $39.58 Available May 1  
June 2010 $39.62 Available Jun 1