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Godfrey
Godfrey is an old man aged 44 years old. He has eight children and looks after four other children in his home. All his children and dependents go to school and are depending on him for all their needs. Because of such a big family and responsibilities, he resorted to serious cattle farming and milk production. This activity has enabled him to afford to pay school fees for all the children. He is also able to cater to all the needs of his family. Through farming, he has also managed to build a semi-permanent house. He wants a loan of 2,000,000 Ugandan shillings to help him clear his farm since it has become quite bushy.

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
  • 282
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,580.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Godfrey to pay for labor for clearing his farmland.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Aug 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014