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Regina
Regina,26, is a young mother of three that lives with her family in Totolapan, Morelos. Regina works selling the crops of her neighbor and roughly makes around one dollar per day. Her working hours are long and has to manage to cook and do other chores. Regina lives in a one bedroom house where she sleeps with her husband Eri, a local driver, and their two children Margarita and Santiago. Each time they have to use the restroom they have to walk a couple blocks to the community facility. To avoid this when showering, they simply use a bucket and do it by cupfuls. Regina and Eri have been living here for the last 10 years, working hard to save and continuously improve their house.

Since Regina and Eri do not have formal jobs and their income is low and variable, neither of them have access to credit from banks or other organizations. Regina has been saving for the last three months to build a new bedroom for her kids and a bathroom for the family. She is now asking for a loan to complete the payment of materials needed. The family will receive supervision visits from certified technicians to monitor the quality and progress of the construction. The new room will give the kids their own space to play, sleep and study and the bathroom will give a healthier life and privacy to the family.

Regina and Eri did not have the chance to finish their education and were forced to drop out after elementary. They want to make sure they take the right steps to give better opportunities to their children, and support them as they work their way through school.

Additional Information

More information about this loan

Ecoblock is a social housing production company that delivers affordable homes and home improvements to communities through a program called Echale a tu Casa. Echale sells technical assistance for self-organized and self-production housing in rural and urban communities. Ecoblock focuses on the poorest socioeconomic strata in Mexico (levels C, D & E). They place a particular emphasis on areas where families do not have access to any microfinance institutions.

About Echale

Ecoblock International (“Ecoblock”) is a social housing company dedicated to providing marginalized communities in Mexico with opportunities to significantly improve their housing conditions. Founded in 1997, it started a program called Échale a Tu Casa that develops affordable housing solutions for underserved communities through innovations in construction, technology and finance. Focusing its efforts on urban and rural areas where families have little or no access to microcredit, the program has supported 30,000 families to construct new homes, and has delivered home improvement assistance to an additional 150,000 families.

Ecoblock joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

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 Mexico

  • $15,600
    Average annual income
  • 14
    View loans »
    Mexico Loans Fundraising
  • $19,043,075
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Regina to buy materials to build a bedroom and bathroom for her two children.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2013
Listed
Oct 9, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014