She is one of the members in the group called Mujeres Unidas (united women) located in one of the rural villages in the city of Samana. She has invested her 12th loan in her business selling natural fruit juices. Now she is receiving her 13th loan to improve her housing, having shown herself to be a dedicated woman, paying well all her previous loans and expanding her business.
She is the mother of two children and she lives together with her husband in a simple home structure. They are working hard to change their home structure, and they decided to take a loan with Esperanza to start improving their house. With this loan they will buy concrete blocks, cement, and other building materials. They will make and fix some of their house walls.
Esperanza International is running a program where most of their good clients -- those who have fulfilled the commitment to grow their businesses and have shown fidelity in their groups -- can take loans to improve their house structure, while running their businesses and attending to their group meetings.
Carmen 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.
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Success!! The loan was 100% repaid