Miriam Nalleli Hernández Castor


Status: Paying Back

$350.00   Loan Amount
83% repaid

About the Entrepreneur

Name: Miriam Nalleli Hernández Castor
Location: Nuevo Laredo, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $350.00
Loan Use: Down payment for an Infonavit (Government Credit) house.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 12, 2008
Date Disbursed: Nov 29, 2008
Date Funded:Dec 12, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:12.8425 MXN = 1 USD



Miriam Nalleli Hernández is responsible for caring for her mother, and they both live in a rented house. Their rent has gone up and, each time, it becomes more and more difficult to cover this expense. For this reason, she has applied for a loan in order to buy her own house via Infonavit (Government Credit). Despite this, the cost of the home is more than the credit she is able to access due to her low level of income. This is the reason she is requesting this loan, so she can meet the amount required to buy the house that she and her mother need.

Translated from Spanish by Mary Lynn Malaby, Kiva Volunteer


La señorita Miriam Nalleli Hernández, tiene bajo su responsabilidad a su mamá, y ambas viven en una casa de renta.
El costo de la renta se ha incrementado y cada vez más difícil para ella cubrir ese gasto, por tal motivo esta tramitando un crédito para obtener su propia casa mediante Infonavit (Crédito Gubernamental). Sin embargo el valor de la vivienda es mayor que el crédito que puede recibir, y a que su sueldo es bajo.
Por ello está solicitando un préstamo para completar el valor de la vivienda y obtener así la casa que necesitan ella y su mamá.



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 Miriam Nalleli Hernández Castor


Loan has been disbursed
 
Entrepreneur: Miriam Nalleli Hernández Castor
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Miriam Nalleli Hernández Castor by Fundación para la Vivienda Progresiva (FVP), a partner of CHF International in Mexico. We are excited to watch this business grow. Over the next 12 months, 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
Dec 13, 2008
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Kiva Help Repayment Schedule for Miriam Nalleli Hernández Castor

  Expected Repayments Actual Repayments Comments
March 2009 $29.17 $29.19 Repayment Received
April 2009 $29.17 $29.11 Repayment Received
May 2009 $29.17 $29.19 Repayment Received
June 2009 $29.17 $29.19 Repayment Received
July 2009 $29.17 $29.11 Repayment Received
August 2009 $29.17 $29.19 Repayment Received
September 2009 $29.17 $29.21 Repayment Received
October 2009 $29.17 $0.08 Repayment Received
November 2009 $29.17 $58.26 Repayment Received
December 2009 $29.17 $29.17 Repayment Received
January 2010 $29.17 Available Jan 1  
February 2010 $29.13 Available Feb 1