Kathy is a friendly woman. She is 35 years old, married, and has two children. One is 14 years old and in the fourth year of secondary school. The other is 2 years old. With the goal of keeping her family safe in their home, Kathy is requesting her third loan to build a perimeter wall for her home. She will use the loan to buy 2 rolls of mesh, 16 units of wood posts, staples, and the cost of labor. With her two previous loans and her own money, she was able to build a concrete home. He husband does not have formal employment. He works taking care of his mother's eatery. Her dream is to divide rooms for her children, to build a septic tank, and to build a concrete perimeter wall.
Es una mujer amable, tiene 35 años de edad, casada, tiene dos hijos, un adolescente de 14 años que se encuentra estudiando cuarto año de secundaria y un pequeño de 2 años. Con el objetivo que su familia este segura en la vivienda, solicita su tercer financiamiento para construir el muro perimetral de su vivienda, comprar 2 rollos de maya, 16 unidades de postes de madera, grapas y el costo de mano de obra. Con los dos créditos anteriores y capital propio le permitieron construir su vivienda de concreto. Su esposo no dispone de un empleo formal, trabaja atendiendo el negocio de comideria de su mamá. Su sueño es realizar la división de los cuartos para sus hijos, construir tanque séptico y construir el muro perimetral de concreto.
About Pana Pana
Pana Pana is a nonprofit civil association founded in 1990 in Nicaragua. The organization’s official name is Asociacion para el Desarrollo de la Costa Atlantica (Association for the Development of the Atlantic Coast) but they have always been know as Pana Pana which means “mutual help” in the local language.
Pana Pana offers loans for commerce, housing, and a small number of agriculture loans. They also have a small social development unit that runs Pana Pana’s non-financial services. This includes technical assistance for housing loans and the development of a water and sanitation project.
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.