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Steven
At 40 years old and married with four children, Steven is basically a farmer in a rural western district of Uganda. His is the only source of income for the family. He sells milk as well as ghee from cows to improve his family's welfare. He only has a small piece of land on which he is doing the grazing. This has affected his productivity in terms of yields of milk. Therefore, he wants to add on to his piece of land, so that his now malnourished cows can get more grazing grass. He hopes to get another loan and buy more cows so that he is able to make enough income to pay his children's school fees. He is very hardworking and a social member of the community.

Additional Information

More information about this loan

This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.

About Uganda

  • $1,500
    Average annual income
  • 320
    View loans »
    Uganda Loans Fundraising
  • $29,623,100
    Funds lent in using Kiva
  • 2,649.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Steven to buy land for grazing the cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 19, 2012
Listed
Nov 23, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013