Francisco Martinez Hernández


Status: Paying Back

$750.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Name: Francisco Martinez Hernández
Location: Location Undisclosed, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $750.00
Loan Use: Construction of a concrete slab
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 24, 2009
Date Disbursed: Sep 24, 2009
Date Funded:Sep 27, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:13.3862 MXN = 1 USD



Sr. Francisco Martinez is a family man who has three teenage children who are currently studying. With his two previous loans from FVP, he built two rooms but is still missing a roof. His current project involves constructing a concrete slab to make his house more secure and durable.


He is requesting a loan for this construction and plans to repay this loan from his earnings as an auto mechanic. Sr. Francisco hopes to give his children their own room and a better home.


Translated from Spanish by Ronan Reodica, Kiva Volunteer


El señor Francisco Martinez es padre de familia, tiene tres hijos adolescentes que actualmente estudian.
Con dos créditos anteriores de FVP ha construido dos cuartos, pero le falta colocarle el techo. Tiene el proyecto de construir una losa de concreto para que la casa sea más segura y duradera.
El está solicitando un préstamo para esa construcción y planea pagarlo con sus ingresos de mecánico automotriz de una compaña.
Su deseo es que sus hijos tengan su propio cuarto y una casa mejor don de vivan.



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 Martinez Hernández


Loan has been disbursed
 
Entrepreneur: Francisco Martinez Hernández
Location: Location Undisclosed, Mexico

Thank you for your loan. It has been disbursed to Francisco Martinez Hernández 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 Location Undisclosed, Mexico
Sep 28, 2009
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Kiva Help Repayment Schedule for Francisco Martinez Hernández

  Expected Repayments Actual Repayments Comments
January 2010 $62.50 Available Jan 1  
February 2010 $62.50 Available Feb 1  
March 2010 $62.50 Available Mar 1  
April 2010 $62.50 Available Apr 1  
May 2010 $62.50 Available May 1  
June 2010 $62.50 Available Jun 1  
July 2010 $62.50 Available Jul 1  
August 2010 $62.50 Available Aug 1  
September 2010 $62.50 Available Sep 1  
October 2010 $62.50 Available Oct 1  
November 2010 $62.50 Available Nov 1  
December 2010 $62.50 Available Dec 1