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Annet
Annet is a 28-year-old married woman who deals in cattle rearing for both milk and meat products that she sells to get income for her family. She wants the loan to complete her home. She desires to find a source of income from where she will get enough money to cater for her children’s higher education. Her challenge is drought, which affects her output from the cows and sometimes other cows will succumb to death. However, since this year was graced with a lot of rain, Annet will get enough yield in the form of milk, so she will sell some to pay back the loan. In the photo is Annet with her cows.

Additional Information

More information about this loan

This loan is part of UGAFODE”s Micro Mortgage Loan program.  Many of these clients are currently renting and these loans allow them to own their home and provide for their families. This may be their first home, or renovation to homes not fit for habitation.  By building and renovating, borrowers who utilize these loans have improved health and safety through a stronger structure and better protection from the elements.  UGAFODE offers these loans to cover essential costs like labour and material so borrowers can provide adequate shelter and sanitation facilities for their families.

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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,655.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Annet to buy construction materials to complete her house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013