Martin Huerta Rios


Status: Paying Back

$375.00   Loan Amount
52% repaid

About the Entrepreneur

Name: Martin Huerta Rios
Location: Acuna, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $375.00
Loan Use: To buy building material for a wall
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 23, 2009
Date Disbursed: Mar 20, 2009
Date Funded:Mar 23, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:14.2735 MXN = 1 USD



Martin Huerta Rios has been a good client: he received a loan and repaid it. He used that loan to pay the difference on a house from social services.


Today, he is asking or a loan to build a wall in the front of the house he was given, in order to make it safer. To realize his project, he needs to buy building material and pay for manual labour. He is the sole financial support of the household and works extra hours to support his family.


Translated from Spanish by Beatriz Yuste, Kiva Volunteer


El señor Martín Huerta Ríos ha sido un buen cliente el ya había tenido un crédito lo cual pago muy bien ese crédito, se utilizó para una diferencia para adquirir vivienda de interés social. Ahora su crédito es para la casa que le otorgaron desea ponerle una barda al frente de su casa para tener mas seguridad. Para realizar su proyecto el necesita comprar material y mano de obra.
El es la única persona que sostiene la casa pero trabaja horas extras para mantener la familia.



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 Martin Huerta Rios


Loan has been disbursed
 
Entrepreneur: Martin Huerta Rios
Location: Acuna, Mexico

Thank you for your loan. It has been disbursed to Martin Huerta 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 Acuna, Mexico
Mar 24, 2009
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Kiva Help Repayment Schedule for Martin Huerta Rios

  Expected Repayments Actual Repayments Comments
June 2009 $31.25 $31.27 Repayment Received
July 2009 $31.25 $31.20 Repayment Received
August 2009 $31.25 $31.27 Repayment Received
September 2009 $31.25 $31.26 Repayment Received
October 2009 $31.25 $31.25 Repayment Received
November 2009 $31.25 $0.00 Repayment Received
December 2009 $31.25 $40.50  
January 2010 $31.25 Available Jan 1  
February 2010 $31.25 Available Feb 1  
March 2010 $31.25 Available Mar 1  
April 2010 $31.25 Available Apr 1  
May 2010 $31.25 Available May 1