Check out some available loans that are similar to this one!
Francis
Francis is a permanent resident of Kabingo in Isingiro district. He is married with six children and four dependents. He grew up with only his mother, and life was difficult in a single-parent household. 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 both as a source of food for the family and for income.

He is requesting a loan of 2,500,000 Ugandan shillings to renovate his grandmother’s house since it is in a bad state.

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

  • $1,500
    Average annual income
  • 216
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,572.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Francis to renovate his grandmother's house.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2013
Listed
Aug 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014