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Mario
Mario is a 45-year-old, married man with four children, living in Masindi, Uganda.

The sole responsibility of looking after the family rests on him and his desire is to educate his children up to the University level and construct a permanent residence for them. He sells clothes for a living and the business has been very lucrative, despite challenges of stiff competition and price fluctuation.

Mario intends to use the loan to buy building materials, such as cement and sand, to complete his house.

Additional Information

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
  • 293
    View loans »
    Uganda Loans Fundraising
  • $30,664,350
    Funds lent in using Kiva
  • 2,597.6
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $1,175 helped Mario to buy building materials, such as cement and sand, to complete his house.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 29, 2013