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Rachael
Rachael K. is 50 years of age. She has a family of three children — one boy and two girls all going to school — as well as four dependants. Rachael sells hardware products like varnish, plywood, glue, drawer locks, nails, paint and much more. Her business is strategically stationed in the city suburbs where carpentry workshops are located. This is a ready market for the goods in her small hardware shop — mainly varnish, wood glue, nails and other things. In the small earning she collects, she manages to meet her necessities: mainly food, clothing and rent for her workplace and others. She wishes to borrow $900 for capital for expanding the business to meet the clients' demands, and at the same time fulfill her future plan of saving tuition fees for her college students.

About Uganda

  • $1,500
    Average annual income
  • 144
    View loans »
    Uganda Loans Fundraising
  • $28,287,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Rachael purchase of stock — paint ,wood glue/varnish, plywood, nails, drawers/doors, locks and many other things.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 31, 2007
Listed
Oct 16, 2007
Currency Exchange Loss:
N/A
Ended:
Jul 25, 2008