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Africano
Africano, at the age of 50, had never thought of having a permanent house because he has to take his children to school and also take care of the family's day-to-day needs. He has, however, worked hard on his coffee plantation and he now sees his dream coming true.

Africano currently has a plan of acquiring more land from the neighborhood, on which he will construct a permanent house. He hopes to get a loan of 3,000,000 from UGAFODE Microfinance Limited to enable him achieve his dream. The first step to building a permanent house will be acquiring this piece of land.

He is happy to have funders who can enable people like him to fulfill their dreams.

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
  • 153
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,604.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Africano to buy more land for constructing a permanent house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
Apr 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013