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Kham
Kham is involved in trading agricultural products in the form of cash crops like beans and maize in Rukungiri town. He also has another side business, a retail shop, which has phone charging facilities for the general public. He joined UGAFODE Microfinance Limited (MDI) – Rukungiri branch in 2012 for financial serves in order to improve his business practices.

The institution has helped his transform his life and that of his family with the loan advances which he has injected into his businesses and which have enabled him to increase his income. He has also managed to pay tuition fees for his children since his businesses are not disrupted by withdrawing some money from them.

He has taken this particular loan to buy coffee to trade especially given that now it is the coffee harvesting season.

The customer thanks UGAFODE Microfinance Limited (MDI) for the financial services it renders to the people in Rukungiri and the country as a whole but emphasizes the importance of interest rate reduction for some loan products.

About Uganda

  • $1,500
    Average annual income
  • 174
    View loans »
    Uganda Loans Fundraising
  • $28,720,525
    Funds lent in using Kiva
  • 2,675.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Kham to buy coffee to trade.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013