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Ricardo Arnulfo
Ricardo is a hardworking man. He is always ready to take care of whatever needs his family might have. Recently, his son was born; together with his wife, he wants to make improvements to his home. Ricardo is close to building a bedroom on the back of his house; in that way he will continue expanding his house little by little.

Ricardo is married and works in a local gas station. That's how he covers the daily expenses of his family. Given that many people—not just Ricardo—are only able to cover their daily expenses and many can't even afford that, Ricardo needs a loan to start his project.

The only thing Ricardo, like many people, is lacking is capital—the money to make his project happen. That's why he has turned to us [Credituyo] and sees in us the opportunity to do his project and to have something more to offer to his family and his newborn son.
View original language description ↓
EL SR. RICARDO A. UN HOMBRE TRABAJADOR, SIEMPRE ESTA AL PENDIENTE DE LO QUE SU FAMILIA NECESITE, HACE POCO ACABA DE NACER SU HIJO, JUNTO CON SU ESPOSA LE DESEAN HACER MEJORAS A SU HOGAR, RICARDO ESTA PROXIMO A CONSTRUIR UN CUARTO EN LA PARTE TRASERA DE SU DOMICILIO Y ASI POCO A POCO EL IRA EXPANDIENDO SU DOMICILIO.
RICARDO ES CASADO Y TRABAJA EN UNA GASERA DE LA LOCALIDAD ASI SOLVENTA LOS GASTOS DIARIOS DE SU FAMILIA YA QUE NO SOLO A EL SI NO A MUCHAS PERSONAS SOLO COMPLETAN PARA LOS GASTOS DIARIOS Y HAY MUCHOS QUE NI PARA LOS GASTOS DIARIOS LES ALCANZA ES POR ESO QUE REQUIERE EL CREDITO PARA COMENZAR SU PROYECTO.
LO UNICO COMO A MUCHAS PERSONAS LE FALTA “EL CAPITAL” EL DINERO PARA REALIZAR SU PROYECTO ES POR ESO QUE ACUDIO A NOSOTROS Y VE EN NOSOTROS LA OPORTUNIDAD DE REALIZAR SU PROYECTO Y TENER ALGO MAS QUE OFRECERLE A SU FAMILIA Y A SU HIJO RECIEN NACIDO.

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $17,551,825
    Funds lent in using Kiva
  • 13.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Ricardo Arnulfo to build a bedroom on the back of his house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jun 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013