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Mario Ricardo
Mario, 39, lives in San Buena Ventura, department of Usulután. He lives with his mother, siblings, and two children (ages 8 and 6 years old). He works as a teacher at the Mercedes Umaña education center, which is located near his home. He has been working there, Monday to Friday, for eight years.

He is currently planning to remodel his home by adding a bedroom and has requested a loan in order to do so. He will spend the loan on siding, wood, nails, wire, and paint. This investment will help both Mario and his family, since they will have a new room to provide more space, allowing the family to be more comfortable.

Mario intends to keep working to improve the conditions of his home and to provide his children with the necessities of health, nutrition, and education.
View original language description ↓
Mario, reside en San Buena ventura, departamento de Usulután, tiene 39 años de edad, vive con su madre, hermanos y 2 hijos de 8 y 6 años, él es empleado trabaja como profesor del centro escolar de Mercedes Umaña lugar cercano a donde vive, esta desde hace 8 años trabajando de lunes a viernes.
Actualmente tiene planeado remodelar su vivienda, mejorando una habitación para realizarlo solicita un préstamo y utilizarlo en láminas, madera, clavos, alambres y pintura, esta inversión le ayudara tanto al Mario como a su familia, pues la tener una nueva habitación estará dando más espacio a sus familiares para que estén cómodos.
Sus propósitos son trabajar por tener una vivienda en mejores condiciones, además proveer para sus hijos lo necesario en salud, alimentación y educación.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About El Salvador

  • $4,900
    Average annual income
  • 442
    View loans »
    El Salvador Loans Fundraising
  • $22,741,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mario Ricardo to buy construction materials: siding, wood, nails, wire, and paint.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2011
Listed
Feb 12, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011