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María Del Carmen
María del Carmen is the mother of four children. She’s built the house she lives in with much effort. Her and her family’s dream is to be able to have a proper home to live in because the house they live in needs new walls and is very deteriorated. She’s asking for a seven-hundred fifty colon (750.000) loan to buy the building supplies needed to do the repairs. With this she’ll be able to improve her house and have better quality of life.
View original language description ↓
María del Carmen es una señora madre de 4 niños, ella con mucho esfuerzo ha construido la casa donde vive. El sueño de ella y su familia es poder tener una casa digna donde vivir ya que donde viven necesita cambio de paredes y esta muy deteriorada. ella solicita un préstamo de setecientos cincuenta mil colones (750.000) para comprar los materiales necesarios para hacer las reparaciones. Con esto podrá mejorar su casa y tener una mejor calidad de vida.

Additional Information

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

  • $12,900
    Average annual income
  • 36
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 502.6
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,500 helped María Del Carmen to buy building supplies.
61% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 19, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Possible