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Eldard
Eldard is a permanent resident of Bukanga in the Isingiro district. He is married with eight children of his own and four dependants of his brother who died of malaria five years ago. He grew up with his single mother and it was a difficult childhood. Being pushed by the need to survive and to support his mother, he started banana farming on a small scale on the land he got from his grandmother. This banana plantation was used as a source of food for the family and as a source of income. This business has grown, giving him an opportunity to support his family and dependants. He has managed to construct a house for his family. He is requesting a loan of 4,000,000 UGX to complete his house.
In the photgraph is Eldard and his wife.

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

  • $1,800
    Average annual income
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,076,375
    Funds lent in using Kiva
  • 2,563.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Eldard to complete his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014