Rashid is married with seven children, some in college and others in university. He has not undertaken any formal training. He is a dedicated Muslim leader at the local mosque. He owns three estates and the fourth one is under construction. He manages his business on a personal basis. Through his business, he has been able to educate his children and improve his living standards. He has also brought services to the community. With a loan from PEMCI, he plans to pay for his university children’s tuition fees and also complete his fourth building.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.