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Ronald
Ronald, 30 years old, resides in Mahukye trading centre with his wife and 3 children. He has acquired a loan of 2,000,000 UGX to buy land on which he will construct a house for his family. He will be paying the loan using funds from his motorcycle transport (boda boda) business and his banana plantation. Ronald is hardworking and honest. In the photograph, Ronald is with his wife in her retail shop.

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

  • $1,500
    Average annual income
  • 259
    View loans »
    Uganda Loans Fundraising
  • $29,230,350
    Funds lent in using Kiva
  • 2,675.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Ronald to buy land.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013