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Geraldine
Geraldine is aged 33 and married. She has two children, both of whom attend school. Geraldine operates a nursery school in the city outskirts as a source of income.

Geraldine started a kindergarten school in 2011, after her graduation as a teacher. Currently her school has many children, thus she needs a loan to expand the school premises by constructing classrooms for the growing population of pupils.

Because of her good work and honesty, Geraldine has been able to grow her business very fast. She hopes with financial aid from UGAFODE and support of Kiva lenders she will be able to provide quality service to the community. Pictured is Geraldine a her sister (guarantor.

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.

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About Uganda

  • $1,500
    Average annual income
  • 217
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,525.0
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,000 helped Geraldine to buy building materials to expand her school premises.
73% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 11, 2014
Listed
May 6, 2014
Currency Exchange Loss:
Possible