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Stanley is 59 years old has been with UGAFODE Microfinance Limited (MDI) for the last three years. He comes from rural Buyanja in the Rukungiri District of Uganda. He is married with five children, and in the photograph he is standing beside his wife. He uses these loans to buy and fatten cows which he sells later at a profit. This has enabled him to meet his daily needs, pay school fees for his children, and buy more land for farming.

Stanley will use this newest loan to buy more cows for fattening. He faces challenges like limited land, and fluctuations in weather and price in the cattle business, but he is a very hardworking man with a lot of experience in this field.

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

  • $1,800
    Average annual income
  • 205
    View loans »
    Uganda Loans Fundraising
  • $31,373,750
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Stanely to buy cattle for fattening.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 14, 2013
Aug 29, 2013
Currency Exchange Loss:
Mar 17, 2014