Check out some available loans that are similar to this one!
Wilson
Wilson is a fifth grade teacher who started a humble life as a teacher and later joined friends to became a director of Alliance Secondary School. This not only made him self-employed but also gives him the opportunity to continue practicing his profession as a teacher. Wilson is proud of being one of the pioneers of the newly mushrooming Alliance schools in the area and has been recognized by the community and the local authorities for creating employment, offering quality education and participating in the general development of Ibanda. He has purchased two semi-detached residential houses in the neighboring district of Mbarara and has applied for a loan of 3,000,000 UGX from UGAFODE to increase his payments to the seller.

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
  • 277
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    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 Wilson to complete payments on a house.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2013