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Charles
Charles stays in Ndorero Lc, a suburb of the Rukungiri Municipality. After dropping out of school due to lack of tuition, he started his agriculture business to support himself and his family. The income from agriculture was not enough to sustain his family needs, so he started a small scale brick laying business. While in Rukungiri Town one evening, he heard someone talking about UGAFODE Microfinance Limited (MDI) and the next morning he approached the office and he was given the funds to boost his agriculture and brick laying. He has so far taken loans totaling to 1.7 million shillings and he is hopeful for the bright future because he says the money has helped him to achieve many things. He has been able to educate his children and able to look after his whole family and his wife. In the photo is Charles with his wife. He would not have gotten where he is now without the financial assistance of UGAFODE Micro finance Limited.

About Uganda

  • $1,800
    Average annual income
  • 237
    View loans »
    Uganda Loans Fundraising
  • $31,030,850
    Funds lent in using Kiva
  • 2,677.4
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Charles to buy wood to burn bricks.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014