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Robert
Robert is a third-time borrower at UGAFODE Microfinance Ltd (MDI). In the first and second cycle, he took a loan of 1,000,000 UGX and 500,000 UGX respectively. He paid well and on time. He is a married man of three children all studying in elementary school. His main source of income is riding a motorcycle that is owned by someone else; this has enabled him pay school fees for children and pay rent on his house. He applied for the loan to purchase a new motorcycle that will be his own and help him enhance his daily income. He also wants to purchase a piece of land in the near future. He hopes he will be able to build a residential house on it to house his family. In the photo is Robert with the Ugafode staff (left-right).

About Uganda

  • $1,500
    Average annual income
  • 305
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,672.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Robert to purchase a motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014