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Sulaiman
Sulaiman is 64 years and has 14 children aged between 13 and 28; three of the children are still in school. Sulaiman has several sources of income apart from selling cows. He also sells green bananas and coffee.

He has so far taken three loans. With this loan, he would like to buy more cattle for trade. His clients are butcher men. He hopes to raise more funds from this fasting season if he sells in Ramathan. He faces a challenges of price fluctuations, but does not get discouraged because he knows he will make it if he continues to work hard.

In the photograph is the loan officer(right) and the client(left).

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
  • 192
    View loans »
    Uganda Loans Fundraising
  • $29,133,525
    Funds lent in using Kiva
  • 2,583.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Sulaiman to buy more cattle for trade.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2013
Listed
Aug 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014