Marcial Vargas Medina


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Marcial Vargas Medina
Location: Acuna, Mexico
Activity: Construction

About the Loan

Loan Amount: $800.00
Loan Use: Expansion of the kitchen
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 7, 2007
Date Disbursed: Nov 23, 2007
Date Funded:Nov 9, 2007
Loan Ended:Dec 15, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.7235 MXN = 1 USD



My wife needs more space in our home. I would like to expand the kitchen. I have tried to make my family comfortable in our home. I started with the construction of the house and little by little I have achieved a larger space. I ask for $800.00 in order to expand the kitchen in my home.

Translated from Spanish by Casey Unrein, Kiva volunteer.



“Mi esposa necesita un poco más de espacio en nuestra casa así es que me gustaría ampliar la cocina un poco, he tratado de que mi familia este cómoda, empecé con la construcción de mi casa y poco a poco he logrado tener más espacio. Solicito $ 800.00 dlls para ampliar la cocina de mi casa


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Journal entries for Marcial Vargas Medina


Loan has been disbursed
 
Entrepreneur: Marcial Vargas Medina
Location: Acuna, Mexico

Thank you for your loan. It has been disbursed to Marcial Vargas Medina by Fundación para la Vivienda Progresiva in Mexico. We are excited to watch this business grow. Over the next 12 - 18 months, Fundación para la Vivienda Progresiva will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Acuna, Mexico
Nov 23, 2007
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Kiva Help Repayment Schedule for Marcial Vargas Medina

  Expected Repayments Actual Repayments Comments
February 2008 $66.67 $67.00 Repayment Received
March 2008 $66.67 $67.00 Repayment Received
April 2008 $66.67 $67.00 Repayment Received
May 2008 $66.67 $67.00 Repayment Received
June 2008 $66.67 $67.00 Repayment Received
July 2008 $66.67 $67.00 Repayment Received
August 2008 $66.67 $67.00 Repayment Received
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.67 $64.00 Repayment Received
January 2009 $66.63 $66.00 Repayment Received