Until now, the family used to live in an old house and tried to save money to build a house. They have finally managed to start building their new home to improve their living conditions and have paid for the building materials, but they still need money to pay for the workers because the money they generate in income and have in savings is not enough to finish the house. The loan Feride is requesting will pay for workers to complete her family's home.
Her goal is to have a bigger space and offer better security for her family. Feride and her family are very happy for the new house and are very thankful for this support!
About KosInvestKosInvest is a micro-enterprise development organization that provides loans to help people in rural Kosovo generate more income and improve their living conditions. It offers a wide range of loan products, from loans tailored to micro and small enterprises to loans designed to help women-headed households.
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