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Gabriel
Gabriel is embarking on building his home using the most durable and safe materials. Currently he has a house made of wood, but it is now in very poor condition and he is worried for his family's safety.

He is applying for a loan to finish a bedroom and a bathroom, the construction of which he was able to start upon using his savings. However, he still needs the roof, which he would like to be concrete, and he does not currently have the money required to buy the materials (cement, sand and rods).

Gabriel has spent over 20 years repairing and selling electrical appliances for a living, and with a portion of his profits he plans to pay back the loan. This is the only source of income that he has for his family, as his wife Rosa Alicia takes responsibility for looking after their children.
View original language description ↓
El señor Gabriel esta empezando a construir su vivienda de material mas duradera y segura y que actual mente tiene una casa de madera, pero ya esta en muy malas condiciones y le preocupa la seguridad de su familia.
Esta solicitando un préstamo para terminar un cuarto y el baño que con sus ahorros pudo iniciar la construcción pero le esta haciendo falta el techo y el desea ponerlo de concreto, pero no cuenta por el momento con el dinero necesario y comprar el material que es (cemento, arena y varilla).
Don Gabriel tiene ya mas de 20 años dedicándose a la reparación y venta aparatos eléctricos, con una parte de las ganancias planea pagar el crédito y que es la fuente de ingreso que tiene para su familia. Ya que su esposa la señora Rosa Alicia de encarga de cuidar y atender a sus hijos.

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
  • 0
    View loans »
    Mexico Loans Fundraising
  • $17,777,925
    Funds lent in using Kiva
  • 13.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Gabriel to fit a concrete roof in a bedroom and bathroom.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Nov 14, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012