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Jurse
Jurse, aged 38 years, is married with four children. He acquired a loan of UGX 2,000,000. All his children are in school. His business is tea farming and trade. His other sources of income are selling plantains from his plantation. He wants money to mulch his banana plantation and also to trade in green tea leaves. His business started in 1996 in Kibona Mashonga. He started the business to earn a living since it was not easy for him to survive without any meaningful income. His clients are fellow farmers from the village who also grow tea but with no means of reaching the factory. The challenge is transport during rainy seasons. He thanks the bank for having such a cheap agriculture facility that has helped him to meet his financial challenges.

Additional Information

More information about this loan

This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.

About Uganda

  • $1,500
    Average annual income
  • 198
    View loans »
    Uganda Loans Fundraising
  • $29,130,450
    Funds lent in using Kiva
  • 2,574.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Jurse to buy mulch for the banana plantation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
Apr 24, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014