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Muhammed
He is hilarious and always keeps a sparkly smile on his face. B. Muhammed, 43, is a happily married father of 8 and has been successfully overseeing his retail shop in Kimenyedde-Kayunga for the past 20 years. The decisions he has taken in regard to strengthening the smooth running of his business have had a big impact and explain why he has been able to achieve this longevity. He has educated all his children with profits from this business.


What started off as a small shop is now a fully-fledged, flourishing, retail shop that brings him 300,000 shillings a month. The fact that he has been able to create and strike a pleasant working relationship with his clients also explains his success. His plans for the future are to expand his business into wholesale and to give his children the best possible education they can have.


With this loan, Muhammed wants to purchase an array of general stock for his shop. In the villages commodities like soap, sugar, salt, candles, paraffin and bread are favorites. That is predominantly what he is planning to purchase with this loan.

About Uganda

  • $1,800
    Average annual income
  • 319
    View loans »
    Uganda Loans Fundraising
  • $30,637,850
    Funds lent in using Kiva
  • 2,245.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $900 helped Muhammed to purchase stock for resale.
99% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Jul 28, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 16, 2011