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Julius
Julius is a permanent resident of Koranorya in the Mbarara district. He is married and has six children and three additional dependents who are his late brother's children. He grew up with a single parent, his mother.

Being pushed by the need to support his mother, Julius started banana-farming on a small scale on the family's land that his grandmother allowed him to use. This banana plantation was used as a source of food for the family and it helped them meet all their needs. This business has grown, giving him an opportunity to support his family and dependents.

Julius has also managed to construct a house for his family. He is requesting a loan of UGX 2,500,000 to complete his house.

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
  • 360
    View loans »
    Uganda Loans Fundraising
  • $30,339,150
    Funds lent in using Kiva
  • 2,580.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Julius to complete his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Aug 8, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014