Check out some available loans that are similar to this one!
Marcelina
Marcelina has worked in the field for as long as she can remember. Being a single mom always gave her more responsibilities and more energy, she believes, to endure the hardships of labor. Marcelina lives now with her two youngest children. Although she gets a pension because of her age, she still does some work to cover the household expenses. In total, she makes around $800 USD as her monthly income.

When she started receiving her pension, she expanded her two room house to include a bedroom, a living room, and a larger kitchen. However, she soon found that she miscalculated the expenses and did not have the right technical knowledge to do it alone. Given her age and low income, Marcelina is not able to apply for a credit with other institutions. She is asking for this credit to finish paying for the materials needed to complete the construction work she already started.

Marcelina will receive technical assistance and supervision visits by expert architects to make sure the construction work is not only finished, but also built for lasting quality. Marcelina is excited to see her house improvements completed; she has been investing for some years trying to complete it so she can live more comfortably. Now, with guidance and help, she'll be able to do so.

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
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,308,100
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Marcelina to buy materials to finish building the kitchen, living room and bedroom of her house.
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:
Apr 16, 2014