A loan of $500 helped to buy materials to build a bedroom for his family's house.

Ignacio's story

Ignacio is a farmer in Totolapan, Morelos and the father two children. Every morning Ignacio gets up at 3:00 am to work in the field. He plants tomatoes, cactus and cucumber. Ignacio and Aida, his wife, are always trying to find new products to plant and sell so they can give their family a better life. Their hard work earns them roughly $700 USD a month.

Ignacio has worked hard to buy a piece of land and start building his house. He wishes to build a house where his family can live comfortably and he and his wife can grow old. He has been saving for the last three months to build two additional rooms, and this loan will help him pay for the materials needed for construction. Ignacio has no access to credit with other organizations because he has an informal job that does not pay much and his cash flows are irregular. He and his wife will work together to build this addition to their home, and will receive supervision visits from certified technicians to monitor the quality and progress of the construction.

The new, closed bedroom they intend to build for their son will help him overcome his constant sickness. In less than 3 months, as a result of this loan, Ignacio and Aida will be able to live in a better house and provide their children with a better life.

Loan details

Lenders and lending teams

Loan details