Richard is a 36-year-old man with two children aged 7 and 12 years. He lives in his own house and has a dream of educating his children and also acquiring more land.
Richard is a carpenter, a business he has done for fourteen years. He first did crafts then went into timber. At the moment, he is sharing the carpentry shop with others but he hopes to have his own soon.
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.
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Success!! The loan was 100% repaid