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Leone
Leone is a 43-year-old, married man who has four children. He lives in Kagadi, Uganda. He is a teacher and has been in service for eight years. He was inspired to enter the teaching profession by his desire to nurture young people, and every time he sees his students excel he becomes motivated.

He faces a challenge of being paid a low salary; no motivation. Like most government employees, he is challenged by a salary so low he can hardly meet his daily living expenses. His dream is to set up a retail shop and to renovate his house. Leone intends to use the loan funds to renovate his residential house.

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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,667.7
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,350 helped Leone to renovate his residential house, which he could not do without the loan because of his low salary as a teacher.
56% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible