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.
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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Success!! The loan was 100% repaid