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Micro loans for housing

In kenya the Jamii Bora trust lend micro loans for housing in Kenya.

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The Jammi Bora trust offers a variations of loans for health, school fees, housing. Loans are given to people who have saved money with the trust for six weeks. The first loan is not more than double of the spenders savings and has a 0.5% interest rate. The trust gives money to women therefore empowering there self esteems and gives them greater financial control. Mothers can borrow there children's school fees on this type of loan. The housing loans are payed monthly over a 10 year period 

Advantages 
Remove people from slums
Develop community 
Gives people loans to break poverty cycle 

Solution
Remove people from aspestos housing in Colombia 
Give people better living conditions so they are less likely to contract diseases

 

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