Horacio Israel Arellano Lopez


Status: Paying Back

$525.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Horacio Israel Arellano Lopez
Location: Acuna, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $525.00
Loan Use: To build
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 8, 2009
Date Disbursed: May 1, 2009
Date Funded:May 22, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:13.8026 MXN = 1 USD



Horacio Israel Arellano’s plans for his family are to better the conditions of life for his children and to give them a better situation. He built a wall in the rear part of his home which he wants to use to raise it more, and so to make a room to extend the house, and to be larger like his family. He needs materials for the flagstones and to pay labourers. His house is public housing and so it is very small and he wants to make it bigger, little by little, but first one thing and later the other.

Translated from Spanish by Jessica Kaminsky, Kiva Volunteer


Horacio Israel Arellano sus planes hacia su familia es mejorar las condiciones de vida de sus hijos y darle un mejor bienestar. El construyo una barda en la parte trasera de su casa el cual la quiere utilizara para levantarla mas y así hacer un cuarto para extenderse y estar mas amplios tanto como el como su familia. El necesita material para la losa y pagar mano de obra. Su casa es de interés social por lo que es muy pequeña el quiere hacerla mas grande poco a poco pero primero una cosa y luego otra.


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 Horacio Israel Arellano Lopez


Loan has been disbursed
 
Entrepreneur: Horacio Israel Arellano Lopez
Location: Acuna, Mexico

Thank you for your loan. It has been disbursed to Horacio Israel Arellano Lopez 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 Acuna, Mexico
May 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Horacio Israel Arellano Lopez

  Expected Repayments Actual Repayments Comments
August 2009 $43.75 $43.73 Repayment Received
September 2009 $43.75 $43.77 Repayment Received
October 2009 $43.75 $43.75 Repayment Received
November 2009 $43.75 $43.75 Repayment Received
December 2009 $43.75 $43.75 Repayment Received
January 2010 $43.75 Available Jan 1  
February 2010 $43.75 Available Feb 1  
March 2010 $43.75 Available Mar 1  
April 2010 $43.75 Available Apr 1  
May 2010 $43.75 Available May 1  
June 2010 $43.75 Available Jun 1  
July 2010 $43.75 Available Jul 1