(Infonavit is a Mexican government program that provides working families with a low cost mortgage to purchase a small starter home. Some families' incomes land them just short of qualifying for the program, however. This Kiva loan allows them to make up the difference with a small supplementary loan and thus qualify to purchase their first home.)
She lives with her mother and the house in which they live in was lent to them but it has been several months since it was asked for, but rents on houses are really high for them so they decided to use their Infonavit savings and pay for their own property for the two of them. Mayra works in a company in the position of sales; this is the family income that she and her mother depend on. She asks for a loan of US $600 for the down payment of her house so she can have a property for her mother and herself.
Ella vive con su mama la casa en donde viven se las tenían prestada pero hace unos meses se las pidieron; pero las rentas de casa están muy altas para ellas así que mejor decidieron utilizar su ahorro Infonavit y así mejor pagar su propio patrimonio de ellas dos.
Mayra trabaja en una compañía en el puesto de ventas esté es su ingreso familiar del de pende ella y su mama.
Solicita un préstamo de $600.00 dlls para el enganche de su casa y así tener un patrimonio para su mama y ella.
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.
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Success!! The loan was 100% repaid