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Julius
Julius is married with five children who are aged 15, 13, 10, 08 and 04 years old and all attend school. He is a peasant farmer growing mainly maize, beans and "matooke" (green bananas) as a major source of income for the family. Julius is also involved in agricultural trade (buying of agricultural produce from village farmers and selling at the market.) He has been doing this business since 2000 and it is from this business that he has managed to educate his children and look after the entire family.

Julius wants a loan of 2,000,000 (two million shillings) to buy more maize for sell and also put some percentage into maintenance of his banana plantation. The major challenge Julius and other farmers in the village face is the changing weather conditions as well as price fluctuation of agricultural produce on the market. He would like the lenders to provide him with funds so that he can build a store for safe custody of his agricultural produce during the harvest season. He is a hard working and creative 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
  • 240
    View loans »
    Uganda Loans Fundraising
  • $30,254,725
    Funds lent in using Kiva
  • 2,633.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Julius to buy maize to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014