Eusebio works for a company that makes wooden pallets and is in charge of maintenance. His wife stays at a home and takes care of the children. She also earns a small amount of income each week by looking after a neighbor’s child. Thanks to both sources of income, Eusebio and Claudia are able to cover their household expenses.
They want to make improvements to their house so that they can provide a nice home for their young children. For this reason, work has started at their house to put walls around their property to keep it in good condition and provide better security. At the moment, they want to install a security wall in front of the house. Eusebio is requesting a loan in order to carry out this project.
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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