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Beatrice
Beatrice is a resident of Kiruhura district. She has five children who all go to school. She got married when she was 17 to a man she loved, and the parents were against it. The husband had no source of income and looking after the children became a problem. She and her husband joined hands to work in the neighbors’ banana plantations to earn a living until they managed to plant their own banana garden. That is when she got to know of Ugafode micro finance and acquired a loan of 500,000 which helped her buy another piece of land to expand their banana plantation. Unfortunately, their plantation is now affected with banana wilt disease and they are requesting a loan of 2,000,000 to buy pesticides for it. The balance will be used to clear the school fees balance. In the photograph, Beatrice is standing with her husband.

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.

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About Uganda

  • $1,500
    Average annual income
  • 279
    View loans »
    Uganda Loans Fundraising
  • $29,556,625
    Funds lent in using Kiva
  • 2,589.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Beatrice to pay for school fees and to buy pesticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014