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Posiano
T. Posiano is an enterprising farmer in Rukungiri. He is a married man with seven children and his future plans are centered on developing his banana plantation.

Challenges like a lack of capital to expand his banana gardens, banana wilt disease, and finding the money to pay his odd jobbing casual laborers, are what Posiano has had to come to grips with ever since he began his business of growing and selling bananas nine years ago. His determination, though, has kept him going and, for that reason, he is now looking at the wider horizon.

In essence, Posiano’s future plans are to expand his business and educate all his children to university level. By his own account, a loan to the tune of 0.5 million UGX will lend support to his growth plans and ambitions. He hopes to buy more manure, mulch his plantations and buy stalk poles for better yields.

About Uganda

  • $1,500
    Average annual income
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,146.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Posiano to buy more manure, mulch and poles for his banana plantation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010