Leonard is a 34-year-old married man with 4 children living in Kagadi,Uganda. He is a parish chief in a government institution and has been in service for one year. During this time he has been able to buy land and pay school fees for his children. He grows coffee and other food crops to so as to earn additional income (other than his salary). He would like to educate his children and buy a car. Leonard intends to use the loan to buy bricks, timber, and iron sheeting to build 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.