Lizeth is concerned about this situation because it affects her children’s health. They must also install ceilings, repair flooring that’s worn out and paint walls, among other things.
This is why she’s asking for a one-million colon loan to buy building materials and to pay labor costs to finish her house. She is grateful for the opportunity to get quick credit with payment terms she can afford.
Ella agradece la oportunidad de obtener crédito rápido y de cuotas a su alcance.
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.
About Costa Rica
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This loan has been fully funded!