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Denis is a single man aged 26. He is a repeat client and on his second loan. His first loan was of 1,000,000 Uganda Shillings (UGX) which he serviced well.

Denis did not continue with his education after finishing form four because his parents didn't have money to fund his tuition. So he had to look for businesses in order to provide for his family. He went to a driving school so that he could learn driving, and later on he got into the taxi business because there was a demand by the Sudanese and other business people who wished to offer him a job. He uses the income to pay rent and look after his brother's sons (dependents), saving the balance with Ugafode Micro-finance Ltd.

With the savings, the bought a piece of land for 1,500,000 Uganda Shillings (UGX) which he used to save on his account. He has borrowed 1,500,000 UGX in order to buy doors and windows to shutter his incomplete house. His dreams for the future are to finish his house and be able to reduce on the cost of rent so that he can easily pay fees for his bother's children and see them graduate. In the photo Denis is in front of his incomplete 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

  • $1,800
    Average annual income
  • 121
    View loans »
    Uganda Loans Fundraising
  • $33,830,100
    Funds lent in using Kiva
  • 2,657.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Denis to buy doors and windows to shutter his house.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 8, 2013
Feb 14, 2013
Currency Exchange Loss:
Nov 17, 2013