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Fred is a hard-working 53-year-old married man who lives in Kyenjojo-Uganda. He has five children, all of whom attend school He acquired his start-up capital from rental income. He opened a retail shop where he sells general merchandise to the people in his village and the surrounding areas. Fred is a very honest businessman but is challenged by inadequate capital and price fluctuations due to inflation, which lead to high prices for commodities. In the future, he wants to become a wholesaler and open up new outlets in the nearby urban centers. Fred is applying for the loan to purchase sugar, soap, rice, salt and cooking oil to sell.

About Uganda

  • $1,500
    Average annual income
  • 156
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,654.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Fred to purchase sugar, soap, rice, salt and cooking oil to sell in his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 22, 2013
Feb 10, 2013
Currency Exchange Loss:
Feb 17, 2014