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Posiano
Posiano is a 29-year-old man who is married with three children, aged 9, 7 and 5, who all attend school. He is into agriculture, mainly growing maize, ground nuts and cassava for both commercial and home consumption. This work provides money to look after the family and to pay the children's school fees.

Posiano would like a loan of two million shillings to buy a motorcycle, which will help him transport his produce to the market. He can also use it as a means to diversify the family earnings.

His dream is to acquire enough land to start growing on a larger scale for better harvests. His wish is to put up a permanent house for the family. But he faces challenges. Changing weather conditions affect production, and the prices for agricultural products are known to fluctuate.

In the photograph, the loan officer is pictured in a white shirt and the client Posiano is in a pink shirt. They are in the garden where Posiano's ground nuts are planted.

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
  • 329
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Posiano to buy a motorcycle for transporting his produce to the market.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014