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Doegratius
Deogratius is a retail trader. His retail shop that sells daily house hold use items has flourished in the small trading center where he operates because of his good customer care skills. He handles his clients well and is very honest in his dealings. He is excited that the partnership with Ugafode and Kiva will be long-lasting since he is committed and hopes to meet his repayment dates. He is constructing a house but needed a second hand which Ugafode has ably provided. He hopes to receive another one to help him complete it mid next year. The money from the retails shop will be used to repay 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 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
  • 217
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,688.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Doegratius to buy construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Dec 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014