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Catalina
Catalina lives with her husband Francisco in Totolapan, Morelos. They have lived in this house for over 43 years. At the beginning, the couple focused on making sure they gave everything they could to their kids to ensure they had a good life and a good education. The house grew to their needs but without many luxuries. Now that all the kids have left and that Catalina and Francisco are getting older, they want to make life a little more comfortable. They work around the clock managing their own water purification business, which gives them roughly $500 USD a month.

Since they are both self-employed and have few things of their own, according to other institutions they do not qualify for credit. Catalina has been saving for the last couple of months to build a proper wall and roof for a particular room of her house. She says she doesn't need much, but winter is coming and as they get older, cold weather is harder to endure year after year. Catalina is asking for a credit to finish paying for the construction materials she needs. Catalina and Francisco will receive supervision visits from certified technicians to monitor the quality and progress of the construction. They are both looking forward to having a concrete wall and roof.

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 Mexico

  • $11,249
    Average annual income
  • 7
    View loans »
    Mexico Loans Fundraising
  • $18,125,250
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Catalina to buy materials to build proper walls and a roof.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 1, 2014