Jason is 26 years old and is a father, and a very hard-working one. Jason tells us that his biggest desire is to repair his home so that he does not have to pay rent and so that his income can be spent on other important things. He needs to repair a big part of the house so that it can remain habitable. He must change the roof, repair some walls, fix the floor and pavement and do other bits of work. For this, Jason is applying for a loan of 1,000,000 Colons, which he will use to buy cement, zinc, stone, sand, wood nails and more. Jason tells us that he is very happy with this loan as he really needs to do these home repairs.
Jason es un joven de 26 años de edad, padre de familia y muy trabajador, nos comenta que su anhelo es reparar su vivenda para evitar el pago de alquiler y aprovechar sus ingresos en otras prioridades, necesita reparar gran parte de su casa, para que quede habitable, debe cambiar el techo,reparar algunas paredes, arreglar el piso, hacer aceras y otros arreglos, para lo0garr easto solicita un millón de colones exactos (¢1.000.000, con este dinero comprará ceemento, zinc. piedra, arena, madera, clavos , etc. Nos cuenta Jason que se siente muy feliz con este financiamiento, ya que le urge repara su vivienda.
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.