This is the reason why she talked to other members of her group and they recommended her for a Housing loan to improve her home by building another room, coating her house walls with cement and painting them. Esperanza Internacional runs a program for their good clients who are reliable in paying back their loans, who have fulfilled the commitment to grow their business and who have shown fidelity in their groups. This allows them to take out a loan to improve the structure of their house at the same time as running their business and attending their group meetings.
Ysabel is the mother of five children and she lives with them and her husband in their own home, which still need to be completely built (In the photo, Ysabel and her younger daughter are in the entry of their house). She will uses this loan to buy construction materials like concrete blocks, cement and others.
Ysabel thanks God, Esperanza Internacional and all of you for this opportunity. In her name and that of her family she thanks all of you for your support!
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 Dominican Republic
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Success!! The loan was 100% repaid