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Stanley
Stanley is a thirty-six-year-old married man with three children living in Kasese, Uganda. For twelve years he has been a teacher and was inspired into the profession by his love to inspire the young generation. He also does farming in order to supplement his salary. He is a very hardworking man who has been able to build a permanent residential house in a year but is now challenged by inadequate capital to install utilities such as water and electricity. Stanley intends to use the money to pay electricians to install power in 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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,670.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Stanley to pay electricians to install power in his house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014