Florence, 54, is married with five children and lives in Masindi, Uganda. She has a drug shop as her main source of income but also works at a nearby health center as a laboratory attendant. She began the business after realizing the need of her community to access medicine. Most of the health centers were always having challenges of drugs being out of stock and all health workers would do was to prescribe drugs for patients and send them to buy in private clinics. Her major challenge is inadequate capital to purchase enough stock. Her dream is to build a permanent residential house since she is currently living in a mud-wattled house. Florence intends to use the loan to buy construction materials such as cement and sand for her house.
This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.
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.