She has not benefited from other loans from Microinvest. She has requested a loan worth 10,000 lei
to improve their living conditions, to purchase equipment for heating. The total cost of the investment is 18,000 lei because her own contributions are worth 8000 lei.
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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