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Charles
Charles has been a client at Ugafode MFI Ltd for 3 loan cycles now. He deals in the goat trade as a source of income and has been engaged in that business for the last 6 years. He normally sells the goats in the daily and weekly markets around Ibanda.

Charles obtained his first loan and bought 10 goats. He paid back the loan well, processed another loan and purchased 30 goats. He paid back the second loan and now has capital of over 50 goats.

Through the income and profit generated from the loans, he has been able to construct a permanent house and take his children to good schools.

About Uganda

  • $1,500
    Average annual income
  • 370
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,460.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Charles to purchase more goats for sale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012