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Achileo
Achileo is a 42-year-old man. He is married with three children ages 17, 16 and 12. He grows and sells ginger to other ginger traders.

His other business is brick laying. He would use this loan to buy wood for firing his bricks.

His dream is for his children to go to university. His challenge is a lack of sufficient capital for running both the ginger and brick businesses. In the photograph is Achileo, his wife and the loan officer.

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
  • 220
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,591.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Achileo to buy wood for firing his bricks.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014