Check out some available loans that are similar to this one!
Magret
Magret, a widow with four children, wants to thank Ugafode for how far it has brought her. She managed to complete her residential house that had stalled for a long time through the use of the Ugafode Micro mortgage loan. She now wants this loan to finish her house with plaster and cement. She thanks Ugafode for the help because she has also been able to educate her children with access to a school fees loan. In the photo you see Magret with Ugafode staff. She will use income from selling cattle to repay the loan.

Additional Information

More information about this loan

This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.

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.

Tags

About Uganda

  • $1,800
    Average annual income
  • 235
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,550.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Magret to buy building materials for her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014