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Sulaiman
Sulaiman is a 50-year-old man who deals in agriculture, mainly growing ginger. He began this business because he wanted to raise money to pay tuition fees for his children. He has 4 children and all of them have gone out of school with income from the selling of ginger. The business became a boom because it is a spice for tea as well as being used as medicine. Sulaiman's main challenge is change in weather. He would like to buy another piece of land and expand his business so as to get more income to support his family. He is a hardworking man.

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

  • $1,500
    Average annual income
  • 158
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,644.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Sulaiman to buy a piece of land to expand his ginger growing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
May 19, 2014