Margret used the previous loan to buy manure to boost the fertility of the soil to increase production.She is 45 and married with seven children. Three of her children are below 18 years of age. She lives in her own house located in Fort Portal, Uganda. She is a farmer and has been farming for ten years. This has enabled her to buy more land and also start to build a new residential house. However, she is constrained by the climate change, which is causing uncertain seasons and prolonged dry seasons that lead to low yields. Her family dream is to increase her household's income level and her business dream is to become the leading farmer in the area. Margret intends to use this loan to buy paint and cement to complete her 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.