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Florence, a single mother of three children, resides in one of the city's suburbs. She earns her income from small rooms that she lets out at affordable prices to low income earners. Florence educates her children and supports her needy relatives with the income from the rentals. She will use this loan to construct an underground water tank and also renovate the small rooms to make them more habitable for her tenants.

Florence is very shrewd and dreams of owning an estate of rental units. She says, "All things are possible as long as you believe," and is committed to pursuing her dreams until she gets a breakthrough. In the picture is Florence with the Ugafode credit officer in front of the house where she wants to put the tank.

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

  • $1,800
    Average annual income
  • 131
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,695.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Florence to buy materials for constructing a water tank.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 20, 2012
Nov 28, 2012
Currency Exchange Loss:
Oct 20, 2013