Miguel Dosal Ávila


Status: Paying Back

$975.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Miguel Dosal Ávila
Location: Nuevo Laredo, Mexico
Activity: Construction

About the Loan

Loan Amount: $975.00
Loan Use: To build a room at the rear of the house
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 21, 2009
Date Disbursed: Jun 1, 2009
Date Funded:Jun 22, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:13.4773 MXN = 1 USD



Mr. Miguel Dosal recently bought his house using a government loan but he needs to build another room as the house he is building currently only has one bedroom. He is asking for a loan to buy materials and to pay for someone to do the work, which at the moment he cannot afford to do. Miguel works for a goods storage and unloading company. He is in charge of the lorry unloading area. His salary is low and is not enough to build the room, which will be for his children. The person in the photo is his wife, Mrs. Ma. Luisa Ramirez. Mr. Miguel Dosal met her whilst at work.

Translated from Spanish by Lara Francis, Kiva Volunteer


El señor Miguel Dosal tiene poco tiempo de adquirir su casa por medio de un crédito gubernamental, pero a la vivienda le está haciendo falta construir un cuarto ya que solo cuanta con una recamara.
Esta solicita un préstamo para poder comprar el material y pagarle a la persona que realizara la obra, ya que en este momento no cuanta con el dinero necesario.
Don Miguel es empleado de una compaña de almacenaje y descargas de mercancía, El esta encargado del aria de descargar los camiones, su sueldo es bajo y con el cual no completa para construir el cuarto que será para sus hijos.
La persona que aparece en la foto es su esposa de la señora Ma. Luisa Ramírez ya el señor Miguel Dosal se encontraba trabajando.

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Journal entries for Miguel Dosal Ávila


Loan has been disbursed
 
Entrepreneur: Miguel Dosal Ávila
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Miguel Dosal Ávila 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
Jun 23, 2009
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Kiva Help Repayment Schedule for Miguel Dosal Ávila

  Expected Repayments Actual Repayments Comments
September 2009 $81.25 $81.25 Repayment Received
October 2009 $81.25 $81.25 Repayment Received
November 2009 $81.25 $81.25 Repayment Received
December 2009 $81.25 Available Dec 1  
January 2010 $81.25 Available Jan 1  
February 2010 $81.25 Available Feb 1  
March 2010 $81.25 Available Mar 1  
April 2010 $81.25 Available Apr 1  
May 2010 $81.25 Available May 1  
June 2010 $81.25 Available Jun 1  
July 2010 $81.25 Available Jul 1  
August 2010 $81.25 Available Aug 1