Matias has a small plot of land provided by the state to all military personnel where he is building a small house where he can live with his family. For this reason, the funds from this loan will be used to buy cement, rods and sand to continue the construction of this house.
In future he hopes to build a house with 4 rooms on the same plot of land. Paying off the loan is his biggest challenge as it is a great responsibility which he needs to overcome in order to solicit further loans.
O Matias tem um pequeno terreno fornecido pelo estado a todos os militares, onde está a construir uma pequena casa onde possa viver com a sua família. Por isso, os fundos do recente empréstimo serão aplicados na compra de cimento, varões e areia para continuar à construção.
No futuro pretende construir uma casa T4 no mesmo terreno. Liquidar o empréstimo é o seu maior desafio pois é uma grande responsabilidade que precisa ultrapassar para voltar a solicitar mais empréstimos.
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.
7View loans »
Success!! The loan was 100% repaid