Eliud Reyes Cortez


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Eliud Reyes Cortez
Location: Nuevo Laredo, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $525.00
Loan Use: Interior finish work and iron working shop
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 11, 2009
Date Disbursed: Jan 9, 2009
Date Funded:Jan 11, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:13.6700 MXN = 1 USD



Mr. Eliud Reyes has a lovely family and wants the best for his children. He used his two prior FVP loans to build part of his house, but he is not done yet. He still needs to do some interior finish work and add locks to the windows and doors.

He is requesting a loan so he can finish the improvements. He plans to pay it off with income from his job. He and his wife would like their children to have space of their own so they can be happier and more comfortable.


Translated from Spanish by Jill Heske, Kiva Volunteer


El señor Eliud Reyes tiene una hermosa familia y como tal desea lo mejor para sus hijos
Con dos créditos anteriores de FVP ha construido una parte de su casa pero no ha concluido, le está faltando los acabados interiores y poner las protecciones de las puertas y ventanas.
Está solicitando un préstamo para terminar la mejora y planea pagarlo con los ingresos de su trabaja. Él y su esposa desean que sus hijos tengan su propio espacio para que les permita estar más cómodos y felices.



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 Eliud Reyes Cortez


Loan has been disbursed
 
Entrepreneur: Eliud Reyes Cortez
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Eliud Reyes Cortez by Fundación para la Vivienda Progresiva (FVP), a partner of CHF International in Mexico. We are excited to watch this business grow. Over the 8 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
Jan 12, 2009
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Kiva Help Repayment Schedule for Eliud Reyes Cortez

  Expected Repayments Actual Repayments Comments
April 2009 $58.33 $116.70 Repayment Received
May 2009 $58.33 $58.28 Repayment Received
June 2009 $58.33 $58.35 Repayment Received
July 2009 $58.33 $0.00 Repayment Received
August 2009 $58.33 $58.35 Repayment Received
September 2009 $58.33 $58.30 Repayment Received
October 2009 $58.33 $58.33 Repayment Received
November 2009 $58.33 $58.33 Repayment Received
December 2009 $58.36 $58.36 Repayment Received