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Sadick
Sadick is a single man aged 25. He has two dependents (a sister and a brother) who live with him. He operates a retail shop in Kagadi town at the same time as working as a sales agent for MTN Uganda in the same area.

Sadick started this business in 2010 after dropping out of school due to lack of tuition fees and in order to look after his poor parents. He wants a loan of UGX 2,000,000 (two million shillings) to complete his residential house which is currently under construction.

The major challenge for Sadick is the limited funds for the business since it is the only source of income for his daily expenses, funding the house construction and also taking care of his aged parents.

He hopes that the lenders will always avail them of funds whenever the need arises.

Additional Information

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

  • $1,800
    Average annual income
  • 322
    View loans »
    Uganda Loans Fundraising
  • $30,629,375
    Funds lent in using Kiva
  • 2,682.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Sadick to complete his residential house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 3, 2013
Listed
Jan 12, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013