Joab is a 35-year-old, married man with three children living in Masindi, Uganda. He has been a teacher for eight years. Joab used to teach in a government school. He has since started his own school, since the facilities at the government school were not efficient for all of the pupils and the school was located on the outskirts of the village. He is also a farmer. He mainly grows rice and groundnuts, which he sells to traders from South Sudan. One of his challenges is limited capital which prevents efficient delivery. His dream is to have one of the role model schools in the district. Joab is requesting a loan to renovate his residential house.
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.