Brenda Janeth Velasco Vásquez


Status: Paying Back

$725.00   Loan Amount
39% repaid

About the Entrepreneur

Name: Brenda Janeth Velasco Vásquez
Location: Nuevo Laredo, Mexico
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $725.00
Loan Use: To pay the difference between a government loan and the price of her own house.
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 3, 2009
Date Disbursed: Mar 29, 2009
Date Funded:Apr 4, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:14.1654 MXN = 1 USD





Mrs. Brenda Janeth Velasco is a single mother, responsible for two small children, who rents her home. Rent continues to increase making it progressively more difficult to pay. She is negotiating a government loan to buy her own home but the value of the home is higher than the maximum loan she qualifies for due to her low salary. She is, therefore, asking for a loan to pay the difference so that she and her children can begin to build their own equity.


Translated from Spanish by Michael Bujazan, Kiva Volunteer


La señora Brenda Janeth Velasco es madre soltera y tiene bajo su responsabilidad a dos pequeños hijo y ambos viven en una casa rentada. El costo de la renta se ha incrementado y cada vez mas y es difícil para ella cubrir ese gasto. Por tal motivo está tramitando un préstamo para obtener su propia casa mediante un crédito Gubernamental. Sin embargo el valor de la vivienda es mayor que el crédito que puede recibir ya 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 sus hijos para un patrimonio seguro.


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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festival
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Rhonda
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David
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Leonor
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Stefan
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Anonymous

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Journal entries for Brenda Janeth Velasco Vásquez


Loan has been disbursed
 
Entrepreneur: Brenda Janeth Velasco Vásquez
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Brenda Janeth Velasco Vásquez by Fundación para la Vivienda Progresiva (FVP), a partner of CHF International in Mexico. We are excited to watch this business grow. Over the 15 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
Apr 5, 2009
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Kiva Help Repayment Schedule for Brenda Janeth Velasco Vásquez

  Expected Repayments Actual Repayments Comments
June 2009 $0.00 $48.35  
July 2009 $48.33 $0.00 Repayment Received
August 2009 $48.33 $48.29 Repayment Received
September 2009 $48.33 $48.35 Repayment Received
October 2009 $48.33 $48.33 Repayment Received
November 2009 $48.33 $48.33 Repayment Received
December 2009 $48.33 $48.33 Repayment Received
January 2010 $48.33 Available Jan 1  
February 2010 $48.33 Available Feb 1  
March 2010 $48.33 Available Mar 1  
April 2010 $48.33 Available Apr 1  
May 2010 $48.33 Available May 1  
June 2010 $48.33 Available Jun 1  
July 2010 $48.33 Available Jul 1  
August 2010 $48.33 Available Aug 1  
September 2010 $48.38 Available Sep 1