He works with the help of persons he hires according to each contract and each construction plan. He considers his work to be very profitable in that he’s paid very well at each construction project for his services. In addition, he has many contracts. “I have no shortage of work; when I finish one job, another one starts up,” he comments happily. Now, he’d like to have all the machinery to earn higher profits and win more contracts.
For now, he concentrates on completely finishing his house. This is his second Kiva loan and he’s grateful for the financial support he gets because he’ll be able to reach his goals. In addition, he commits to be punctual with his payments. Honorio will use the 1,000 soles to buy such materials as cement, bricks and sand to finish his bathroom at home.
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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Success!! The loan was 100% repaid