Check out some available loans that are similar to this one!
Mable
Mable has five children who are all in school. She is a resident of Kigyende, a suburb in Isingiro district. She married at 18 to a man she loved. But later, the husband deserted his family and moved to Tanzania. Unfortunately the family had no income-generating business except for a small banana plantation which was the source of food for the family. Mable struggled for the survival of her children.

She then contacted Ugafode Microfinance and acquired a loan of 2,000,000 UGX that helped her expand and improve the plantation. Because of her hard work, her business developed and now supports her family as well as a commercial house which increases her family income. She is requesting a loan of 4,500,000 UGX to complete the house and to pay school fees.

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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $31,010,850
    Funds lent in using Kiva
  • 2,594.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,750 helped Mable to purchase building materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014