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Betty
Betty is a first time borrower of the institution and is applying for UGX 3,000,000. She is 50 years old and a single lady. She has been engaged in events management since 1990 and sells Chinese furniture she gets from importers in the country. She supplements the income with a decorating business. Betty says sale of Chinese furniture is a good venture but she is constrained by small capital that leaves her in a position where she cannot meet her clients' demands. She therefore applied for the loan to increase her stock as a way of making her shop a one stop furniture shopping centre and increasing sales and gross profits.

Betty’s future plan is to see her business flourish to a point where she can import the products herself which would increase her profits since apparently she buys them expensively, making her profits minimal.

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About Uganda

  • $1,800
    Average annual income
  • 233
    View loans »
    Uganda Loans Fundraising
  • $31,033,550
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Betty to buy furniture to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014