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Alex
Alex is a 29-year-old hardworking married man with 2 children aged 1 and 6 living in Kyenjojo-Uganda. He acquired his start-up capital from banana farming. He opened up a retail shop for general merchandise to serve the people in his village and the surrounding areas.

Alex is a very honest business man but has a challenge of inadequate capital and the problem of price fluctuations due to inflation, hence high prices for the commodities. In future he wants to become a wholesaler and has a personal goal of building a permanent home for his family. Alex is requesting a loan for purchasing sugar, soap, rice, salt and cooking oil to sell.

About Uganda

  • $1,800
    Average annual income
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,665.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Alex to purchase sugar, soap, rice, salt and cooking oil to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013