Friday, August 15, 2008

Kiva Loan # 3

Karla Vanessa Montiel Barahona
Managua, Nicaragua

Karla has been working as a cashier in an electronics store for a year. She is 33 and a single mother of three, with a lot of effort she has managed to raise them well, she also has the support of the father of two of her sons. She wants to give her family a good house, that’s why she will use the loan to tile the floor of her house. Later on she will improve the rooms of her house, so her children can live more comfortable. She thinks that a single woman has to endure more sacrifices, but she endures them proudly because she wants to have a stable and happy family.

About Housing Loans Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives


Name:
Karla Vanessa Montiel Barahona
Location:
Managua, Nicaragua
Primary Activity:
Housing
Loan Requested:
$450.00
Repayment Term:
9 months - repaid monthly
Loan Use:
Tile the floor of her house

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