Rose is a typical farmer who grows beans, millet and tends a banana plantation for subsistance and sells the surplus. In addition to farming, Rose processes local brew manually and sells it to supplement her meagre resources.
She wants UGX 1,000,000 to buy shutters for her incomplete residential house. She says it's hard to save a lump sum of money to buy them, and that's why she opted for a loan so that she can shutter her house and then pay back in small installments.
Her major challenge is that she has to share her small income between loan repayment with the other family demands like school fees. Rose is very hard-working and honest.
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