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John
John is a married man, aged 33 years, with four children who are all school going. He and his wife sell eggs in Kagadi town, a business they operate six days a week. He also vends newspapers as an additional source of income for the family.

He wants a loan of 1,000,000 shillings to add to his egg business and be in a position to increase the income for the family, and also meet the increasing demand for the eggs.

John's major challenges are the business of eggs being delicate to handle and the limited capital compared to the demand. He hopes to buy a vehicle for transporting the eggs, using the proceeds from the business as it is growing.

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

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,076,375
    Funds lent in using Kiva
  • 2,655.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped John to buy more eggs to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Dec 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013