LOAN DETAILS:Name: Eligio Meza
Location: Paraguay
Business: Housing Rental
Loan For: to purchase construction materials like bricks and cement to improve his rentals
FROM THE LOAN APPLICATION:
Eligio is 64 years old, is married to Iluminada, and has children who no longer depend on them economically. Eligio is a very hard-working man who has set up a small grocery store and also earns money from basic wooden rooms he has built on the patio of his house, which he rents for low prices. He is asking for a loan to improve these structures; to refurbish the rooms and to make them more comfortable. The walls are made of wood and with a new investment they will be made of brick. Then the people who rent them will have more security and therefore the cost could be increased and in that way more income earned.
