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Muhammad
Muhammad, aged 52, is a father of eight children and a poultry farmer, from Wakiso district. He started farming in 2010 with UGX 500,000 in capital, after his previous business got burned, in Juba, Southern Sudan. He now has birds worth UGX 10,000,000 because of his hard work.

Muhammad is applying for a loan of UGX 2,000,000. He will use it to buy feed for the birds, and to buy more birds for the December season. He will use the profits generated by the loan: to pay back the loan installments, and to build more rooms that will accommodate more birds. He also expects to pay school fees and complete his house, from the income generated by the loan. He is a hardworking man, and he thanks Kiva for the partnership.

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
  • 274
    View loans »
    Uganda Loans Fundraising
  • $29,556,625
    Funds lent in using Kiva
  • 2,590.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Muhammad to buy poultry feed, and to buy more birds to raise for the December season.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014