Stanley is a thirty-six-year-old married man with three children living in Kasese, Uganda. For twelve years he has been a teacher and was inspired into the profession by his love to inspire the young generation. He also does farming in order to supplement his salary. He is a very hardworking man who has been able to build a permanent residential house in a year but is now challenged by inadequate capital to install utilities such as water and electricity. Stanley intends to use the money to pay electricians to install power in his 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.