Matilde Florentino works in the fields, but it not enough so that he can achieve his dream of providing a dignified home for his family. For this he needs financial support to buy building materials and pay for labor.
Matilde Florentino is asking for a micro loan of 1,050,000 colones ($2,100) so that he can provide a dignified home for his family and so that they will live more comfortably.
Matilde Florentino is a partner in the Empresa de Crédito Comunal de Canalette company, one of the more that 150 EDESA social organizations in Costa Rica. He expects to be able to continue growing personally and financially with the help of this loan, and to be able to actively participate in the credit organization in his community.
Don Matilde Florentino se dedica a trabajos de campo pero no le es suficiente para cumplir su sueño que es el de darle una vivienda digna a su familia, para ello necesita apoyo financiero para comprar los materiales de construcción y pagar la mano de obra .
Actualmente Matilde Florentino está solicitando un micro crédito de un millón cincuenta mil colones (¢1.050.000), con esto lograría darle una vivienda digna a su familia y de igual forma viviría más cómodamente.
Matilde Florentino es socio de la Empresa de Crédito Comunal de Canalette, una de las 150 organizaciones socias de EDESA en Costa Rica. Con este préstamo él espera continuar 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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Success!! The loan was 100% repaid