In Zambia, employers must provide staff with accommodation or an allowance set at 30% of salary. Five staff (and extended families) currently live on-site in an old, cramped, sub-standard staff-block with little privacy: they deserve better.
We would like to provide adequate modern accommodation on-site for at least 12 staff, and to convert the existing block into a simple hostel for visitors, volunteers, student teachers, etc, but we know this will not be possible for a few years yet.
In 2021, however, we will at least install ceilings in our current accommodation so the staff have some privacy. This will cost about £1,100 ($1,500), and we are paying for this from our general funds..
Building on-site accommodation for all our staff would save £4,000 ($5,250) in Zambian housing and travel allowances in 2021, and more (because of inflation) in succeeding years. So this project would save money in the long-term, as well as improving our staff’s quality of living.
Do you know anyone who would lend us the money to build this, or who would act as our guarantor for a commercial loan?