It is multifaceted. Part of her remuneration can be seen in this construction. A little while ago she raised the beams and the walls with her son’s moral support. During 15 years she has been arduously building towards the end. Blanca is happy with what she has achieved. She and her son will soon move to this house, and they will live decently.
For the moment her greatest desire is to install water, and then she will build the floor in this house.
This is her first loan with MFP. She knows that this loan will be very helpful in finishing the floor of her house. She pledges to make all of her payments on time. She will use the loan she is requesting to buy fine sand and bags of cement. She also wants to pay the labor expenses for a bricklayer.
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.
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