Félix has been wanting to make some changes to his house for a number of years, as he currently holds part of the property he inherited from his parents.
Currently, Félix is requesting a micro loan of $1,000 to buy construction materials to fix the infrastructure of his home and extend the laundry room. He hopes that this will bring his family a better quality of life as his wish is to lead a quieter life so that his children can be more comfortable and have a decent roof over their heads.
Félix is a member of the community bank of San Francisco, one of the 150 member organizations of EDESA in Costa Rica. He will continue to grow personally and economically as well as participating actively in the credit organization in his community.
Desde hace varios años que Félix quiere hacer unos cambios en su casa, ya que cuenta en estos momentos con una parte más de la propiedad que le heredaron sus padres.
Actualmente Félix está solicitando un micro crédito de ¢500.000 (quinientos mil colones) para poder comprar materiales de construcción, para asi arreglar la infraestructura de su hogar y ampliar el cuarto de pila. Con esto el espera darle una mejor calidad de vida a su familia, ya que su deseo estar más tranquilo, que sus hijos vivan mas cómodos y tengan un techo digno.
Félix es socio de la Empresa de Crédito Comunal de San Francisco, una de las 150 organizaciones socios de EDESA en Costa Rica. Continuara creciendo a nivel personal y económico además de participar activamente en la organización de crédito en su comunidad.
More information about this loan
As a small and relatively young MFI located in Costa Rica, EDESA has difficulty attracting other sources of capital. Many other microfinance funders do not work in Costa Rica, because overall the country is too rich. However, organizations such as EDESA work with extremely marginalized populations in Costa Rica that really need the access to capital that EDESA provides. By funding EDESA, Kiva lenders are allowing the organization to grow and reach more people than they otherwise would be able to reach.
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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