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Henry
Henry is a 33 year old man who grows tomatoes and also does fish farming. He has five children, four of whom go to school. He also takes care of his aged parents. He has applied for a loan of UGX 2,000,000 for buying fish nets and pesticides for the tomatoes. He sometimes has difficulty when he buys pesticides that are adulterated. His previous loan was UGX 1,000,000. He benefited from it and that is why he has asked for another loan. Henry started this business when he was barely 16 years old. He did not go far in his studies and so wishes that his children would complete their studies and go on up to university level.

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
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,597.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $775 helped Henry to buy fish nets and pesticides.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 29, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015