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Samuel
Samuel is 30 years old, married, with children who are all schooling. Due lack of tuition, Samuel dropped out of school and started farming on a small scale as a way of earning some money and looking after himself. He is also currently into the produce trade as another source of income to cater to the family.

Samuel wants a loan of UGX 700,000/= (seven hundred thousand shillings) to buy cassava for grinding into flour since it's now a dry season. This will enable him to earn more profits and be in position to cater to the family's needs.

His dream is to grow the agricultural business on a larger scale by acquiring more land. However, Samuel has the challenge of the changing weather conditions that affect the business and the transport, as well.

Additional Information

More information about this loan

This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.

About Uganda

  • $1,800
    Average annual income
  • 229
    View loans »
    Uganda Loans Fundraising
  • $31,013,475
    Funds lent in using Kiva
  • 2,644.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Samuel to buy cassava for grinding into flour and then selling.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2013