Salvador Alvarado Rios


Status: Paying Back

$575.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Salvador Alvarado Rios
Location: Nuevo Laredo, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $575.00
Loan Use: Construction of a wall for safety
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 8, 2009
Date Disbursed: Feb 5, 2009
Date Funded:Feb 9, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:14.3417 MXN = 1 USD



Salvador Alvarado just bought a house using government loans, but he still needs to build a wall around the house.

Salvador is requesting a loan to make the improvement as soon as possible, since he works all day while his family stays at home and he wants the house to be safe. (Only his wife and son appear in the picture).

Translated from Spanish by Vivian Lu, Kiva Volunteer


La señor Salvador Alvarado acaba de adquirir su vivienda por medio de un crédito gubernamental. Pero le están haciendo falta las protecciones y la barda alrededor de la casa.
Don Salvador está solicitando un préstamo para poder realizar la mejora lo más pronto posible. Ya que él trabaja todo el día y su familia se queda solo en la casa y quiere la seguridad para ellos. (En la foto no aparece el señor Salvador, si no aparece su esposa e hijo).



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 Salvador Alvarado Rios


Loan has been disbursed
 
Entrepreneur: Salvador Alvarado Rios
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Salvador Alvarado Rios by Fundación para la Vivienda Progresiva (FVP), a partner of CHF International in Mexico. We are excited to watch this business grow. Over the 11 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
Feb 10, 2009
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Kiva Help Repayment Schedule for Salvador Alvarado Rios

  Expected Repayments Actual Repayments Comments
May 2009 $47.92 $47.94 Repayment Received
June 2009 $47.92 $47.94 Repayment Received
July 2009 $47.92 $47.87 Repayment Received
August 2009 $47.92 $47.94 Repayment Received
September 2009 $47.92 $0.00 Repayment Received
October 2009 $47.92 $95.83 Repayment Received
November 2009 $47.92 $47.92 Repayment Received
December 2009 $47.92 $47.92 Repayment Received
January 2010 $47.92 Available Jan 1  
February 2010 $47.92 Available Feb 1  
March 2010 $47.92 Available Mar 1  
April 2010 $47.88 Available Apr 1