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‘Habitat is accessible’ -- Habitat for Humanity Int'l 1

‘Habitat is accessible’

Agnes Kijjambu is the deputy director of non-banking financial institutions at the Bank of Uganda, the country’s central bank. She is also a member of Habitat Uganda’s board of directors.

Kijjambu says housing microfinance options are important in Uganda because many people don’t have access to banks or don’t have enough credit for traditional loans: “To many poor people, a bank is a big building with a manager wearing a tie,” she says. “Even if they could qualify for a loan, it’s intimidating. Habitat is accessible. You can talk with someone there easily, receive assistance and negotiate your own situation.”

Without microfinance institutions, many poor people have to turn to predatory money lenders. Kijjambu says she admires Habitat’s financial integrity with housing loans. “With Habitat, the interest rate is the interest rate,” she explains. “There are no other hidden charges. In most banks here, you might have a surprise monetary fee, security fee, other fees. Habitat is very transparent. They don’t charge more than it costs to keep the program going for others to use.”