Alejandro and Alejandra make around $700 USD a month through informal jobs, so accessing credit is impossible for them. For the last three months they have been saving to finish building the kitchen with a proper roof that will protect the stove that they bought after saving for quite some time. Alejandra needs this loan to finish paying for the construction materials. A proper roof and walls for the kitchen will protect their investment in the stove and will give the family a clean place where they can cook and eat. The family will receive supervision visits from certified technicians to monitor the quality and progress of the construction. The new construction will give this family the home they have been dreaming of for so long. Alejandra is aware that dedication and hard work is what makes dreams come true.
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 EchaleEcoblock 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.
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