Check out some available loans that are similar to this one!
Godfrey
Godfrey and his family have been renting but recently bought a house, which he is using as security for the UGAFODE loan. Godfrey is a resident of Namuwongo zone a city surburb.
Godfrey is a married man. His wife is Edith, and they have two children. Godfrey is a client of UGAFODE who operates a shoe-selling business. He started the business in 2010, with initial working capital of ugx.250,000. It has grown gradually, and currently the business uses operating capital of approximately ugx.1,500,000. He has also opened up a small retail shop in Namuwongo, which is generating for him some daily income.

Godfrey applied for a loan of ugx.2,000,000, purposely to boost his business by increasing working capital. He will use the loan funds to buy used shoes, which he will sell to generate income. However, he faces challenges of high rent costs and competition.

About Uganda

  • $1,800
    Average annual income
  • 285
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,580.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Godfrey to buy used shoes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014