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Erasimus
In his own words, this is what Erasmus has to say:

"I am a business man and at the same time an educator. I was looking at my former / first job at Kanyinya Vocational Institute, when I thought of starting my own vocational school, but the funds back then were not available. I ventured into soliciting money from other sources like donors and others but still it was not enough.

I begun borrowing money from Ugafode Microfinance limited in 2011. This was because I wanted to get more funds to boost my vocational school. Since then I have managed to maintain my school up to the standard it is at now. Though it is still growing, I have managed to mentor and train students to attain skills and get jobs in the fields they've trained in.

I thank Ugafode for the good services it has made available to me since 2011 and its quick services whenever I'm in need.

May God bless you all." Erasmus

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

  • $1,500
    Average annual income
  • 228
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,705.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Erasimus to renovate the school structures.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2013
Listed
Jan 10, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013