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Irene
Irene is a second time borrower of Ugafode Microfinance Ltd applying for UGX 500,000. She is a single mother of two children who stay with her in a single room rented in the outskirts of the city. She depends on her boutique business and a phone accessories shop as her sources of income. Her major challenge is small capital that makes customers go away without the goods they need.

The purpose of the loan is to boost her business by buying more stock of used clothing to give a new face to her old stock. The new stock will attract customers and therefore increase her sales. It's one of the routes to her dream of a big shop which will enable her to meet the basic needs of her children.

About Uganda

  • $1,800
    Average annual income
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,593.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Irene to buy clothing to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014