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Lauben
Lauben is 37 years of age and a tea grower in Nyakazinga-kibazi – Kyamuhunga. He has five children and they all go to school. He also has one additional dependent who does work for him at home. His major source of income is tea growing which he started in 2007 with the motive of having a steady source of income. He gives the tea business an average of 6 hours per day, and this has helped him to harvest more quantities of tea.

In addition to the tea growing business, he also grows pineapples and bananas which are his other sources of income. His clients are mainly the Igara tea factory and tea traders in the area. He hopes to use the loan money of one million UGX (1,000,000) to buy fertilizers for his tea plantation. He hopes that the tea plantation will expand with time and the harvest and sales will increase and hence increase profits. His major challenge is unfavorable weather conditions which negatively affect the quantity harvested.

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
  • 108
    View loans »
    Uganda Loans Fundraising
  • $28,637,175
    Funds lent in using Kiva
  • 2,592.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Lauben to buy fertilizers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2013
Listed
Sep 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014