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Mary
Mary is a 35-year-old married woman with six children and two dependents whom she is taking care of after the death of their father. Mary deals in cattle fattening projects in her region. She has managed to help her family financially by providing it with the basic necessities.

Along side cattle fattening, she also deals in milk sales, and the husband deals in second-hand clothes to bring additional income to the family because all her children attend school. From milk sales, she has managed to pay the tuition for the two dependents.

Mary is applying for a loan of UGX 2,000,000 to buy more cows for fattening, as it will enable her to cater for the family's basic necessities of life.
Her major challenge is inadequate pastures to feed her cows, especially in the dry season whereby even some of her animals die due to persistent drought.

Her dream is to own a large farm in the region with at least 500 cows. Mary is hard working and honest.

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.

Tags

About Uganda

  • $1,500
    Average annual income
  • 233
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Mary to buy baby cows that she will breed to fatten.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Sep 28, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014