By Emily Riemer - Marketing Communications Specialist
In recent news, Opportunity loans have brought about better housing in developing areas. For many Colombians, heavy rains bring about serious challenges.
Nobody knows this better than Danilsa Maria Hernandez Ramos of Arjona. Danilsa’s traditional village home used to pool with water, turning her dirt floors into mud and creating an unhealthy environment for her children. Now, after a two-year pilot program, Opportunity has rolled out a floor and roof loan product for reliable, established clients like Danilsa who are installing concrete floors and replacing leaking tin roofs. The loan is repaid over 18 to 24 months, with payments declining to around $5 later in the cycle. Clients receive technical building advice, as well as discounted pricing on repair supplies.
Opportunity program manager Astrid Suarez says, “Having a floor helps give dignity to a person. God is using Opportunity and this program to benefit many families.” Astrid estimates that 50% of our clients in Colombia do not have floors in their homes.
Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.
If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating or by subscribing to this project's RSS feed.
Get Reports via Email
We'll only email you new reports and updates about this project.