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Alex
Operating an agricultural farm has been a tremendous business venture for Alex B. from Rugazi, Ntungamo. Being a single, energetic and determined young man who is currently in the teaching profession, he has worked tooth and nail to start up the sale of bananas, which are commonly used to prepare a local dish by customers here in Uganda.

He is fond of his enterprise and is always able to earn about $37 monthly. This loan is to help him do the mulching and to buy stake poles and pesticides for his plantation. His major future move is the further expansion of the project to a large scale. This will help to improve Alex’s yields and production, creating an increase in sales revenue that will enable him enjoy a self-sustainable livelihood.

About Uganda

  • $1,800
    Average annual income
  • 260
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,265.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Alex purchase of mulches and banana plantation supplies.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2010
Listed
Jul 16, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011