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Sabino
Sr. Sabino is requesting a loan because he lacks a concrete slab in front of his house. He does not have the necessary funds to make this improvement, but he needs to buy materials such as cement, sand, and metal rods. Don Sabino receives a pension from the government and he also operates a small grocery business. These sources of income enable him to support his family.


Sabino wants to improve his property so that he can have a more secure home for himself and his wife. They have received a Kiva loan before for home improvements, so they hope to receive cooperation again with this loan.

View original language description ↓
El señor Sabino solicita un crédito, porque le esta haciendo falta una losa al frente de su casa, y no cuenta con el dinero necesario para realizar la mejorar, y comprar el material que es cemento, arena y varilla.
Don Sabino recibe una pensión por medio del gobierno y también tiene un pequeño negocio de abarrotes, estos son los ingresos que tiene para su familia.
Desea mejorar su patrimonio y tener un lugar mas seguro para el y su esposa.
El señor Sabino y su esposa, ya han tenido un crédito con KIVA el cual fue para mejorar su vivienda y esperan contar con su cooperación en este préstamo.

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

  • $15,600
    Average annual income
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,789,925
    Funds lent in using Kiva
  • 12.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Sabino to lay down a concrete slab in front of his home.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Apr 6, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 25, 2013