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Timothy
Timothy is a 26-year-old married man with one child living in Bundibugyo ,Uganda. He is a teacher and has been in service for one year. Since he has been in the professional he has managed to buy land and pay dowry for his customary marriage. His other income-generating activity is cocoa growing and the crop has a ready market as the processing facilities are only 5 kilometeres from his plantation. His challenged with low salary and his personal goal is building a permanent residential house. The purpose of the loan is to purchase building materials like bricks and cement for his residential house.

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

  • $1,500
    Average annual income
  • 151
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,520.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $525 helped Timothy to purchase building materials like bricks and cement for his residential house.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2014