The sole responsibility of looking after the family rests on him and his desire is to educate his children up to the University level and construct a permanent residence for them. He sells clothes for a living and the business has been very lucrative, despite challenges of stiff competition and price fluctuation.
Mario intends to use the loan to buy building materials, such as cement and sand, to complete 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.
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