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Maria Mercedes
Sra. Maria Mercedes has already repaid a previous Kiva loan on time. The funds were invested in her business, but due to her husband’s health problems, she was forced to close her store.


Maria is requesting a loan to remodel the interior and exterior of her house. She does not have the funds needed to buy materials and special paint to protect the walls from heat and humidity. Maria plans to repay the loan using the income she receives from a government pension. Her family’s expenses will be covered by her husband’s income.

View original language description ↓
La señora Maria Mercedes ya ha tenido un crédito con KIVA el cual pago puntual mente fue para invertir en su negocio, pero por problemas de salud de su esposo, cerro la tienda.
Esta solicitando un préstamo para remodelar los acabados de su casa del interior y exterior, ya que no cuenta con el dinero necesario para comprar el material y que es una pintura especial para proteger las paredes del calor y la humedad.
Planea pagar el crédito con el ingreso que recibe de su pensión gubernamental que recibe y que con el ingreso de su esposo pagaran los gastos familiares.

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 Mexico

  • $11,249
    Average annual income
  • 8
    View loans »
    Mexico Loans Fundraising
  • $18,125,250
    Funds lent in using Kiva
  • 11.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Maria Mercedes to remodel the interior and exterior of her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2011
Listed
Jun 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012