Diego is a bricklayer who has specialized in this line of work for four years. His wife makes traditional clothes and is able to help with the family expenses. Diego is requesting a loan in the amount of 8,000 GTQ so that he can buy doors and frames for the windows. This will improve his currently living conditions. One of his challenges is making improvements to the other rooms so that he can have a decent home.
About ADICLAADICLA (Association for the Holistic Development of the Basin of Lake Atitlán) is nonprofit rural community development association that provides small loans and services to improve quality of life in two of the poorest regions of Guatemala, home to large indigenous populations. Kiva funding will be used to support three innovative credit initiatives: youth business loans, green loans, and smaller loans to help ADICLA move down-market and serve poorer clients.
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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