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Desteo
Desteo is a 43-year-old married man who has five children, four of whom attend school. He is a farmer involved in cattle and sugar cane growing .The farm enables him to take care of his family. He has been practicing agriculture since 1993, but on a smaller scale.
Desteo now wants a loan of 800,000 shillings to buy a bull for his farm and also expand the farm. His dream is to see the farm expand and to have many cows which will give him milk that he can sell and improve his earnings. His main challenges are the diseases which attack animals and the unreliable weather that at times affects the pasture that the animals feed on.
In the photograph is the loan officer in a white shirt and the client with some of his cows.

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
  • 311
    View loans »
    Uganda Loans Fundraising
  • $29,617,400
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Desteo to buy a bull.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014