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Vicent
Vicent is 56 years old. He is married and has eight children. He is a farmer, growing pineapples on over two acres of land. He has earned a lot from this project, enabling him to send six of his children to school and to construct a permanent house for his family.

He is requesting a loan of 1,500,000 UGX in order to buy land and organic fertilizers for pineapple growing. The additional land and fertilizer will enable him to realize much revenue from the sales of his pineapples and to consistently provide for his family. His dream is to establish a pineapple processing plant in his region.

Vicent is honest and hardworking. His main challenges are the low price of pineapples in his region and inadequate space for pineapple cultivation.

Additional Information

More information about this loan

This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.

About Uganda

  • $1,500
    Average annual income
  • 276
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,520.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Vicent to buy more land for pineapple cultivation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013