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Peter
Peter is a new client who is applying for a loan of 2,000,000 UGX to complete his rental houses so that he can increase the rental income he earns. With this income he will pay tuition for his children and meet his family's other needs, and in the future he will build more rental houses to help support his family. He is hard working and excited about the partnership with UGAFODE and hopes to grow with it.

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

  • $1,500
    Average annual income
  • 297
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,550.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Peter to buy building materials for completing houses.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014