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Lydia
Lydia is a new client. She is married to Amos and they have three children. They reside in a rural area near Mbarara District. She applied for a loan of 2,000,000 Ugandan shillings.

Lydia has a good banana plantation and a part-time business selling goats. With this loan, she wants to increase her purchase of goats, so as to increase her earnings and improve the livelihood of her family members. She also wants to pay school tuition for her children in better schools in the country. Her dreams are to become a regional goat dealer and buy her own transport van for her business to get to the market. She is always limited by capital, and yet, she has enough experience in her business. With this loan, she is sure that her stock will increase and she will also improve her banana plantation.

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
  • 250
    View loans »
    Uganda Loans Fundraising
  • $28,966,450
    Funds lent in using Kiva
  • 2,582.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Lydia to buy goats.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014