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Herbert
Herbert is a twenty-seven-year-old, hardworking, man living in Kasese, Uganda. He is a banker and has been working for two years. He has always admired the banking profession and, when the opportunity came along, he felt it was a dream come true. During this time in service, he has been able to buy land on which he intends to build a family residential house. His major challenge is that the work is time consuming, as he reports to work at 8:00 AM and goes home at 9:00 PM and thus has limited time to go into business to earn extra income. Herbert is requesting a loan to buy building materials such as cement and bricks for his 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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,526.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Herbert to buy building materials such as cement and bricks for his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Oct 4, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013