Nuevo Progreso 3.1 Group
Esperanza Internacional is running a program where most of their clients pay back their loans, fulfill the commitment to expand their businesses, and show fidelity to their groups. They can request loans to improve their house structure, while running their business loans and attending group meetings.
Pura is living in a rural town with her long-term partner and their two children. She started building her house with her profits she saved. She took out loans with Esperanza to expand her business selling clothes. Pura will finish building her house with this loan to cover the concrete block wall and to construct the roof.
Pura and Carmen joined to take out this Housing loan together as a group. They will support each other in this challenge. Each of them will finish building her house walls and roof. Pura and Carmen thank you all for your support!!!
This is a Group Loan
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.
About Dominican Republic
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Success!! The loan was 100% repaid