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David
David is a 37-year-old married man with five children and all attend school. He is a farmer mainly growing matooke for home and commercial purposes. He also grows some coffee and maize if the season is on.

David has been practicing agriculture since 1998 after failing to continue with education because of a lack of tuition having been born in a large family.

David wants a loan of ugx.1,500,000/=(one million and five hundred thousand shillings) in order to expand his banana plantation as well as clearing bush to prepare for planting maize for next season. His dream is to become a commercial producer for agricultural products as a way of earning more from his projects.

However, David is always challenged by inconsistencies in changing weather conditions that affect agriculture as well as the price fluctuations of the agricultural products on the market.

Additional Information

More information about this loan

This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.

About Uganda

  • $1,500
    Average annual income
  • 160
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,602.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped David to buy mulches for his banana plantation.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014