Angélica has an unfinished construction project. She and her husband have been working hard to finish this room but they lack the money to build the roof and to plaster and paint their house. Consequently they are applying for a loan today so they can purchase the materials they need.
They need to use that room because the house is very small and their family is uncomfortable. Her 17 year-old adolescent son has been asking them for his own room for privacy. She will appreciate the support provided.
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