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Peter
Peter is a 34-year-old man, he is married and has three children who all go to school. He buys and sells beans, coffee and maize. In addition he also cultivates coffee and gets additional income from that. He wants to use the loan proceeds for purchasing some more cereals. He currently has a challenge of lack of capital.

His dream is to have a large store where he can dry the cereals, store them, and complete the whole process to the point where he can sell them. In his words he wants to have a "production firm".

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

  • $1,800
    Average annual income
  • 270
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Peter to buy cereals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 10, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014