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Faruku
Faruku is a new client; he is married to Sulaina and has one child. He resides in the Nyakanengo area in Ntungamo district.

He has a poor banana plantation and a few coffee plantations; with the loan he will buy mulch to increase the productivity of his banana plantation. He is facing a challenge of low productivity. He hopes that when the plantation improves, he will increase his earnings and improve on the livelihood of his family members.

His dream is to become a commercial farmer and buy his own transport van for taking his foodstuffs to the market; apparently he uses a motorcycle to transport his agricultural products but its ineffective.

With this loan, he hopes to improve his banana plantation. In the photograph is the credit officer in a tie and Faruku with the motorcycle that he uses for transport.

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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Faruku to buy mulch for his banana plantation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014