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Miguel
Miguel is a widower with four children to care for. Two of them are in elementary school and two in junior high school. He hopes to be able to provide the necessary education so that his children can have a successful future.

He is asking for this loan in order to build a concrete floor in the patio in front of his home because the current one is in bad conditions. He doesn’t have the money to buy the materials (cement and sand) and pay the contractor.

Miguel has been working as a dispatcher for a transportation company for more than five years and he will use part of this source of income to repay the loan.

He wants a better quality of life for his family and for his house to be in good condition.
View original language description ↓
El señor Miguel es viudo y tiene cuatro hijos a su responsabilidad, dos están estudiando la primaria y dos la secundaria, espera darle lo estudios necesarios a sus hijos para que sean unos triunfadores en el futuro.
Esta solicitando un préstamo para la elaboración de un piso de concreto en el patio de enfrente de su vivienda ya que esta en muy malas condiciones. Ya que no cuenta con el dinero necesario para comprar el material (arena y cemento) y pagarle a la persona que se encargara de realizar la mejora.
El señor Miguel trabaja para una compañía de trasportes en el aria coordinador de tráfico desde hace ya más de 5 años, es la fuente de ingreso y con la cual una parte será para pagar el crédito.
Desea mejorar el patrimonio y la calidad de vida de su familia y que su casa este en buenas condiciones.

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
  • 5
    View loans »
    Mexico Loans Fundraising
  • $17,294,525
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Miguel to build a concrete patio.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 5, 2014