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Johnbosco
JohnBosco is a 52-year-old divorced man with five children. Three of his children attend school. He started goat rearing and trading in 2000 to meet his family’s needs. People in his home area describe him as a hard-working and shrewd man. He operates in a rural area of Nyakera near a Lake. Graising and trading in goats has helped him educate his children and look after his grand children, whose parents died a few years ago. He would like a loan of ugx. 2,000,000 to buy more land for grazing. His challenge is that he lacks serious buyers for his goats. He is also challenged by poor means of transport to take his goats to urban centers for the market. His dream is to see a permanent shelter(descent house) constructed for his children and grand children which he hopes to achieve with the help of loans.

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.

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About Uganda

  • $1,500
    Average annual income
  • 224
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Johnbosco to buy grazing land for his goats.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 3, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014