Kotridah is 40 years old, married with four children and lives in Kagadi, Uganda. For 15 years, she has been working as a government employee and with her salary she has educated her children and bought land where she has started constructing a house. Low salary with little or no motivation incentives in her job are her major setbacks while her dreams are to venture into the housing real estate business. Kotridah is requesting a loan to buy bricks, cement, nails, and iron sheets to complete construction of her house.
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.