Funded

Total loan: $450
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Lauro Gerardo

Mexico
Nuevo Laredo, Mexico / Personal Housing Expenses

A loan of $450 helped the difference on the down payment to purchase a house through Infonavit.


Lauro Gerardo's story

Lauro Gerardo G. lives in a house that has been lent to him, along with his wife and three children. Since he would like to have his own house, he is applying for a house through Infonavit (governmental credit). However, the value of the house is more than the loan he can receive because his income is low. He works as a waiter in a hotel restaurant. For this reason, he is applying for a loan to complement the government loan so that he can buy his house. He wants to provide his children a secure future.

Translated from Spanish by Kiva volunteer Ginny Kalish


Loan details

Loan length:

14 months
Disbursed date: May 1, 2009

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 1, 2009