She is married with four children, three of which are adults and independent, and the youngest is 12 years old in their first year of secondary education.
With the aim of improving her house, and for her family to live securely she is asking for her second loan to carry on constructing her home little by little. She will buy construction materials: cement, rebar, wood, nails, zinc and cover labour costs.
Her dream is to finish the construction of her house and give her children a secure and spacious home.
About Pana PanaPana 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.
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