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Lawrence
Lawrence is a 26-year-old man who is still single. He trades in clothes and works with a company called Tracker Uganda. He needs this money to complete his house. When the house is complete he hopes to get married and start a family. He sells used clothes to university students. He does not have any private means of transport so he finds it challenging to transport the clothes to the university where most of his customers are. He is a very hardworking and humble man. He appreciates the opportunity to get a loan since it will help him achieve his dreams.
The second person in the photograph with a bag is the loan officer

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 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
  • 298
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Lawrence to complete construction on his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014