Jane Malia Kasina

First, they built a rental house comprising of six rooms. These rooms were immediately filled with tenants since the demand for housing was very high at the time. Since her husband had several plots that he had purchased while still in employment, all they had to do was to build the rooms and tenants would occupy them. She managed to take her six children through secondary education with the money from rent.

Since the demand for rental houses is still on the increase in this area, Jane wants to finish the construction of a rental house, which she has been unable to finish. She has approached several banks for a loan, but the interest charged by those banks is too high for her. A friend of hers informed her about the Kiva loans, and Jane therefore came to the Action Now Kenya offices for help.

Jane is requesting a loan for Ksh 70,000 repayable in 12 months from Kiva lenders. She promises to pay without delay. She thanks her lenders in advance.

Disclaimer: Due to recent events in Kenya, the security situation in many communities remains unsettled, affecting many local businesses. Lenders to this entrepreneur should be aware that this loan may represent a higher default risk, and should be willing to accept this additional risk in making their loan.



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. Learn more