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Nastorio
Nastorio is 31 years old. He is an old client of UGAFODE Microfinance who has borrowed six times from UGAFODE. He is a married man with three children aged eight, seven and one and a half. The first two go to school.

Nastorio is a tea farmer who started tea farming in 2003. Farming is his sole source of income, and he gives it an average of six hours per day. The farm is located in rural Ishaka, Bushenyi. He started the business with the purpose of getting a clear source of income so he could educate his children.

Nastorio would like to use the loan money to buy fertilizers to put in his tea garden so that it will yield more and hence produce more income, enough money to educate his children. His major clients are the tea traders in his local area. His major challenges include seasons, which change unexpectedly and affect the quantities he harvests. However, he has hopes that the loan he gets (3,000,000 UGX) will boost his business and help him achieve his goal in life.

Additional Information

More information about this loan

This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.

About Uganda

  • $1,500
    Average annual income
  • 289
    View loans »
    Uganda Loans Fundraising
  • $29,253,525
    Funds lent in using Kiva
  • 2,590.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Nastorio to buy organic fertilizers.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2013
Listed
Aug 28, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014