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Richard
Richard is a 53-year-old married man with seven children living in Kyenjojo, Uganda. He is in the business of buying and selling agricultural commodities and has used his profits to educate his children and buy land.

He faces problems like price fluctuations and inflation, and at times lacks adequate funds to purchase enough of a particular commodity when demand is very high.

Richard's personal goal is to buy a vehicle to make transportation easier for himself, while his business goals are to expand his business into new market area and to diversify his business to include groundnuts and sorghum. Richard plans to use the proceeds of this loan to buy coffee that he will resell.

About Uganda

  • $1,500
    Average annual income
  • 151
    View loans »
    Uganda Loans Fundraising
  • $28,307,700
    Funds lent in using Kiva
  • 2,450.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Richard to buy coffee to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 19, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2013