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Robert
Robert is a 39-year-old married man with four children. He is a self-employed businessman who deals in rental houses. He has a number of rental rooms and has been in this business for over 13 years.

Robert has applied for 5,000,000 (five million shillings), which he wants to use to complete the floors and paint the interior of his rental apartments (shown in the photo), so that he can get tenants to move in.

He plans to use the income that will be collected from the new rental units to pay back the loan and use the savings to build more rooms. His dream is to one day be self-sufficient, not relying on loans to construct the apartments.

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
  • 106
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,565.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,950 helped Robert to complete his rental units.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014