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Stephen
Stephen started welding at a tender age after his parents failed to find tuition to pay for his high school. He mastered the art of welding and designing and is now good at fabricating windows and doors, which turn out to be beautiful.

Although he started with nothing, he now boasts of a good house that he has yet to complete. He will use the money to buy metal frames for windows and doors for his incomplete residential house. He hopes the standard of living for his family members will improve with the support from Ugafode through the loan.

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 Uganda

  • $1,800
    Average annual income
  • 271
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,663.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Stephen to buy metal frames for doors and windows.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Dec 28, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013