For ten years, he has been teaching and he also runs a retail shop to earn more income. Being the good father that he is, he desires to educate his children up to the University and build a permanent residential house for the family. The meager salary that he earns, coupled with price fluctuations, affects his business plan, while his desire is to expand his business to new markets.
Moses intends to use the loan to buy construction materials, such sand and bricks, for building 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.
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This loan has been fully funded!