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Maali
Maali is 38 years old; he is married and has five children, all of whom attend school. He is a peasant farmer, involved in the growing of onions and tomatoes in the outskirts of Kagadi. Maali has been in the business of agriculture since 1998, and it is his major source of income.

Maali wants a loan of 300,000 shillings (UGX). He will use the loan to pay school fees for his children, because he has just planted and expects the harvest after three months. His major challenges are the seasonality of the agricultural products and the price fluctuations for them, in the market. His dream is to educate his children until they reach higher institutions of learning, so that they can have a better life than his.

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
  • 192
    View loans »
    Uganda Loans Fundraising
  • $29,133,525
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Maali to pay school fees for his five children.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2013