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Pedro Clemente
Pedro is 46 and from the city of Nuevo Laredo. He is a widower and has four children under his responsibility. They are going to school: two in high school and two in primary school. He is an employee of a transportation company and works as a traffic coordinator. He is applying for a Kiva loan in order to do finishing work to the exterior of his home before the rainy season arrives and there is damage to the structure and his furniture.

As he does not have the the money needed to buy materials and pay the person who will be hired to carry out the improvement work. He wishes to improve his legacy to his children and for this to be in the best condition. Part of the income he gets from his work is to pay the loan and this is his sole source of income for his family.
View original language description ↓
El señor Pedro tiene 46 años de edad es originario de la ciudad de Nuevo Laredo, es viudo y tiene 4 hijos bajo su responsabilidad quienes están estudiando dos en la secundaria y dos en la primaria. Es empleado de una compañía de trasportes en el aria de coordinador de tráfico.
Esta solicitando un crédito KIVA para terminar los acabados del exterior de su vivienda, antes de que llegue la temporada de lluvias y se le maltrate la construcción y sus muebles. Ya que no cuenta con el dinero necesario para comprar el material y pagarle a la persona que se encargara de realizar la mejora.
Desea mejor el patrimonio de sus hijos y que este en las mejores condiciones.
Con una parte del ingreso que obtiene de su trabajo es para pagar el crédito y que es la única fuente de ingreso que tiene para su familia.

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
  • 28
    View loans »
    Mexico Loans Fundraising
  • $18,610,225
    Funds lent in using Kiva
  • 12.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Pedro Clemente to do finishing work to the outside of his house.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 3, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2014