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Tiberious
Tiberious hails from Rukiri Nyarukiika, a place known for agriculture and local brew. Having seen the opportunity of surplus agricultural produce he started trading in produce where he buys it cheaply during periods of higher production then sells it when it's scarce on the market. This has enabled him to supplement on his regular agricultural income and he can now continuously maintain his income flow regardless of whether the season is off or on.

Tiberious has applied for a Loan from UGAFODE to add to his savings and pay for a plot of land near his residence. He hopes to begin construction of a residential house if he gets enough money. He is a hard working man.

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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,589.9
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $1,550 helped Tiberious to buy a piece of land.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
Possible
Expired:
Aug 3, 2013