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Yusuf
Yusuf, age 46, is a teacher. He was inspired into the profession because he has a great passion to teach. His salary as a teacher is very low, so he earns an additional income from farming.

Yusuf and his wife have eight children and live in Kagadi. Like most responsible fathers, he desires to see his children educated through the university level. He hopes to venture into commercial agriculture in order to earn sufficient income for this goal.

Yusuf intends to use the requested loan funds to buy windows and doors for his residential home, which is currently under construction.

Additional Information

More information about this loan

This loan is part of HOFOKAM's program targeting poor and geographically excluded populations in Western Uganda. In addition to loans, it provides social and business training programs to low-income entrepreneurs and their communities. Since 2003, HOFOKAM has provided sustainable financial and non-financial services to promote social, economic and sustainable land development and improve the quality of life for vulnerable populations. The organization has a clear vested interest in underserved communities with its headquarters in rural Fort Portal and a number of branches in extremely remote areas.
 

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
  • 153
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,645.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Yusuf to buy windows and doors for his family's residential home.
100% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013