Check out some available loans that are similar to this one!
Mary
Mary is 70 years old. As a mother she has tried to strengthen herself in order to help her children in their various professions so that she won’t feel like a burden at home as her children live with their own families. Since she doesn’t have the strength needed to do her work with normalcy, she had the idea of renting some rooms as her house is very big. Living alone was something very sad and now she can share her home with her renters, who provide company for her. This is why Mary works to provide better living conditions for her renters, who are happy to live in her home as she treats them with much love and patience, and are timely with their rent payments. But now Mary needs an inversion of capital, as she is planning to build a second story to her home in order to house more people and support herself. This is her 14th loan with Micofinanzas PRISMA. These loans enable her to generate greater income and above all develop her abilities in the communal bank where the members have diverse jobs. With the 2000 soles she will buy construction materials she needs to build the second floor of her home.
View original language description ↓
Mary tiene 70 años, como madre trata de esforzarse para ayudar a sus hijos en sus diversas actividades para no sentirse una carga en la casa, ya que sus hijos viven con sus propias familias. Desde que dejó de tener la fuerza necesaria para realizar sus actividades con normalidad, tuvo la idea de dedicarse al alquiler de algunas habilitaciones, pues su casa es muy grande Vivir sola era algo muy triste y ahora puede compartir con sus inquilinos, quienes le hacen compañía. Es así que Mary se ocupa de brindar las mejores condiciones de vida a sus inquilinos, quienes se sienten contentos de vivir en la casa de doña Mary, pues ella los trata con mucho amor y paciencia, sobre todo al momento de pagar sus pensiones. Pero ahora Mary requiere de mayor inversión, pues tiene proyectado construir el segundo nivel de su casa para hospedar a más personas y auto sostener sus gastos. Este es su crédito número 14 con Microfinanzas PRISMA, estos préstamos le permitieron generarse mayores ingresos, y sobre todo desarrollar sus habilidades en su banco comunal donde realizan diversas actividades. Con los 2000 soles solicitados comprará los materiales de construcción que requiere para la construcción del segundo piso de su casa.

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 Peru

  • $12,000
    Average annual income
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Mary buy construction materials to add a second story to her home.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2009
Listed
Aug 5, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010