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Asaph is 37 years old and married with four (4) children, all of whom are school going. Asaph is a peasant farmer majoring in growing bananas (plantain) and maize but he also has a nursery and primary school as another source of income. He started the school to bring the services nearer to residents of the village on the outskirts of Kagadi town.

Asaph wants a loan of UGX 2,000,000 to complete construction at his school and have the pupils study in a good environment. He is always challenged by limited capital and parents not paying school fees on time and in full installments.

His dream is to see the school grow to a better standard and to improve his agricultural business for a better source of income for the family. Asaph is confident the relationship with UGAFODE and the Kiva lenders will grow strong since he is confident of meeting his loan obligations on time.

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
  • 241
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,706.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Asaph to complete construction of the school.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 5, 2013
Jan 11, 2013
Currency Exchange Loss:
Oct 20, 2013