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Gordiano
Hard working B. Gordiano has, over years, been operating a cattle fattening farm in Mpundo, Ibanda. He sells cows to earn a living, from the periodic markets that take place around the area in western Uganda. In this business he directly purchases the livestock and then raises them for some time on his farm. When the livestock is ready for market, he supplies to butchers, hotels and other customers in the periodic market.

His main drawback in the course of doing this business has been the unstable price on the market and low capital input. With hard work and efficient customer care skills, he has managed to keep his business going for over 10 years. In a month, he makes profits in the neighborhood of 250,000 Ugandan shillings.

His future plans are to fully expand the transactions and to do farm restocking, which will earn him more revenue to pay for his children’s education requirements. With this loan, he anticipates great strides in achieving this dream and restocking more cattle heads for sale.

About Uganda

  • $1,500
    Average annual income
  • 149
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,214.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Gordiano towards purchase of more cattle and farm restocking.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2010
Listed
Aug 20, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011