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Margret
Margret wants a loan to buy iron sheets and doors for her house. She is aged forty-seven and is a widow living in Masindi, Uganda.The responsibility of taking care of four children solely rests on her. She started with capital worth UGX 70,000 and now has 2,000,000 Uganda shillings as working capital.

She operates a salon and with the proceeds she has been able to pay school fees for her children and start construction of her house. She desires to educate her children and expand her business into new areas despite challenges including inadequate capital.

Additional Information

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.

About Uganda

  • $1,800
    Average annual income
  • 257
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,470.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Margret to buy iron sheets and doors for her house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
May 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013