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Markdonald
Markdonald is a resident of Kashaka village, in Mbarara district. He grew up as an orphan but was very hard-working. Because of this, he managed to start up a business of cattle trading, with a little bit of capital that he got from his uncle. He grew the business and became able to acquire land, which he is using for banana farming. He has also managed to find a wife, and they are working together for the survival of their family.

Markdonald has applied for a loan of 3,000,000 UGX, to increase his working capital. He will use the capital to buy more cattle, and manure for fertilizing the banana plants.

In the photograph are Markdonald and his wife.

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
  • 248
    View loans »
    Uganda Loans Fundraising
  • $28,966,450
    Funds lent in using Kiva
  • 2,677.4
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Markdonald to buy more cattle, and manure for fertilizing his banana crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014