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Protazio
Protazio is an aging man of about 58 years who lives in the rural setting of Kalisizo town. He is a married man who takes care of three children and two grandchildren. He takes care of the grandchildren because their parents are unable to afford their basic needs and have opted to go to the urban centers, trying to find the means of survival.

Protazio has been in the barkcloth trade for the last 20 years. He has experience of the business and recognizes good barkcloth, since they used to wear it when he was young. He also doubles as a piggery farmer with a project that houses over eight pigs. He describes a challenge of swine flu that attacked the project, killing some of his pigs and retarding his project.

He says he has managed to take care of his family and grandchildren from the income received from the barkcloth trade. He hopes to use the facility extended to him to buy more barkcloth for trade and also to put up more structures for his piggery project.

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.

Tags

About Uganda

  • $1,500
    Average annual income
  • 259
    View loans »
    Uganda Loans Fundraising
  • $30,263,650
    Funds lent in using Kiva
  • 2,588.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Protazio to buy barkcloth for trade and to construct a pig sty.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014