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Teddy
Teddy is 27 years old and has one child, who is not yet in school.

Teddy is a businesswoman and runs a shop in town which deals in second hand clothing. She has been in this business for abou five years, and through this business she says she has achieved a lot, such as being able to feed her family, plus getting most of the basic necessities in her home.

She says that the biggest problem affecting her business is high operation costs such as rent, licences and transport costs to Kampala, where she does her shopping, and the returns are low.

Teddy says that she has acquired this loan in order to acquire more second hand clothes for selling in her shop. She also believes that with this loan facillty, her business will considerably expand in the future and she hopes to open numerous branches across the region. The location for Teddie’s business is in town and a lot has been achieved.

Finally, she thanks the lenders for providing loans to lower income earners at reduced interest rates.

About Uganda

  • $1,500
    Average annual income
  • 316
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,572.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Teddy to buy used clothing to sell in her shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014