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Raul
Raul is a 50-year-old farmer who lives with his wife in a small village of the State of Oaxaca (Mexico) without traditional electrification and out of grid extension plans. In the picture, he was picking up some pieces of equipment of the Small Solar Home System, so-called SSHS, installed in his house. With that SSHS Raul and his wife have, for the first time, electrical lighting in their house to cook and eat dinner, as well as the chance of connecting a radio.
Funding is asked for financing 53% of the cost of that SSHS, which will be paid back with the monthly fee that this farmer pays for maintenance services during the first year of operation.

Additional Information

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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
  • 20
    View loans »
    Mexico Loans Fundraising
  • $19,058,800
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $100 helped Raul to pay for a small home solar installation.
98% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2014
Listed
Jul 28, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015