Tureto is a member of Inkiramat women group which is located in Empuyiankat, Kajiado District. She is 53 years old and a mother of four. She is an inquisitive person, eager to learn and tries out new ideas as she gets them. Tureto’s main challenge is raising school fees for her three children who are in secondary school. She sells steers and has been in this business for the last twenty years. Out of her hard work, she has built seven semi-permanent rental rooms in Olturoto town. She gets USD 50 per month from the 7 rooms and this helps her to pay school fees and other household needs. Tureto would like to add 6 more rooms because the trading centre is growing so is the rent. The additional rooms will almost double her income and this will mark the beginning of the end of her financial problems.
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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