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Vicente
Vicente O. A. built two rooms on his home with his own savings. But now, his funds have dried up, and his building doesn’t have a roof. He needs building materials to begin putting down the slab for the remaining two rooms. His family is large which is why he wants to make the home more comfortable and spacious. He also has a business where he sells food and groceries, which he runs from his truck. He would like to make the most of the loan to establish himself more securely. He’s asking to borrow 10,000 pesos.
View original language description ↓
Vicente O. A. tiene dos cuarto que el construyó con sus propios ahorros, pero en esta momento a el se le acabaron sus fondos el cual su construcción quedo sin techo.
El necesita material para empezar aponer la losa en esos dos cuartos que le faltan, su familia es grande el cual quiere darle comodidad y espacio.
También tiene un negocio donde vende comida y abarrotes pero lo tiene en un camión y en uno aprovecharía para instalarse con mayo seguridad. El solicita la cantidad e $10,000 pesos.

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
  • 16
    View loans »
    Mexico Loans Fundraising
  • $18,610,225
    Funds lent in using Kiva
  • 14.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Vicente purchase of building materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2009
Listed
Feb 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010