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David
David is a thirty-two-year-old man who lives in the rural areas of Rakai, central Uganda. He has a business of seasonal agriculture that he has been in for the last 13 years. He usually deals in seasonal maize growing and banana agriculture that he harvests after two weeks. With the loans from UGAFODE, he has managed to buy a small motorcycle which helps him with trade. He has also managed to plant a eucalyptus forest of about three acres, making improvements to his shelter.

He hopes to use the loan advanced to him to buy seeds for the coming rains and to prepare farmlands for propagation. In the future, he hopes to open up a small retail shop in his locality, a dream that he can realize through UGAFODE.

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
  • 109
    View loans »
    Uganda Loans Fundraising
  • $28,637,175
    Funds lent in using Kiva
  • 2,551.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped David to buy seeds.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014