Cuauhtemoc Palacios Aviña


Status: Paying Back

$225.00   Loan Amount
49% repaid

About the Entrepreneur

Name: Cuauhtemoc Palacios Aviña
Location: Acuna, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $225.00
Loan Use: To buy construction material
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 31, 2009
Date Disbursed: Mar 30, 2009
Date Funded:Mar 31, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:14.3551 MXN = 1 USD



Mr. Cuauhtemoc Palacios Aviña works as a machinist in a large factory. He has 2 children who are students, and his wife is a housewife.
The house they live in is publicly subsidized, and mortgage payments are deducted from his paycheck. He has always dreamed of having a well kept house. Little by little he has made improvements, but he has not finished for lack of money. He comes to us with a project in mind. He would like to build a wall in front of his house to provide better security for his family.


Translated from Spanish by Ginny Kalish, Kiva Volunteer


El señor Cuauhtemoc Palacios Aviña trabaja como operador en una maquiladora el tiene 2 hijos los cuales estudian, su esposa es mujer de hogar.
La casa en que viven es de interés social por lo que le descuenta por nomina. El siempre a soñado en una casa bien arreglada por lo que poco a poco le ha hecho mejoras pero aun no han terminado por falta de dinero, Ahora el recurre a nosotros con un proyecto en mente levantar barda enfrente de su casa para mayor seguridad de su 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 Cuauhtemoc Palacios Aviña


Loan has been disbursed
 
Entrepreneur: Cuauhtemoc Palacios Aviña
Location: Acuna, Mexico

Thank you for your loan. It has been disbursed to Cuauhtemoc Palacios Aviña 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
Apr 1, 2009
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Kiva Help Repayment Schedule for Cuauhtemoc Palacios Aviña

  Expected Repayments Actual Repayments Comments
July 2009 $20.45 $18.75 Repayment Received
August 2009 $20.45 $18.75 Repayment Received
September 2009 $20.45 $23.85 Repayment Received
October 2009 $20.45 $13.64 Repayment Received
November 2009 $20.45 $18.75 Repayment Received
December 2009 $20.45 $18.75  
January 2010 $20.45 Available Jan 1  
February 2010 $20.45 Available Feb 1  
March 2010 $20.45 Available Mar 1  
April 2010 $20.45 Available Apr 1  
May 2010 $20.50 Available May 1