A loan of $500 helped to pay for materials to build a living room and a bathroom.

Ciro's story

Ciro is the owner of the local convenience store in Totolapan, Morelos. He has been working there for over 35 years, first helping his father and now managing the business. These days his wife Ema helps him with some tasks of the business. Ema and Ciro have been married for a long time, and their children have flown the coop and now live with their own families.

When they first built their current home, there was no water or sewage service so the thought of a complete bathroom was never in their plans. Thirty years later things have changed in Totolapan. For some time now they have been thinking about adding a bathroom to the house. They also want to add a living room now that their grandchildren and their own kids come to visit their home so often. The area where the grandchildren currently play is near the couple's stove, which makes Ema nervous.

Ema and Ciro have no access to credit through traditional banking because of their income and their age. They have been saving for some months to pay for building materials and are requesting credit to complete the payment. With this credit they will also receive technical assistance and supervisory visits to make sure that the new construction meets quality and safety standards. Ciro and Ema are excited to have a complete bathroom and a living room were they can welcome their extended family.

Loan details

Lenders and lending teams

Loan details