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Maruusi
Maruusi Namigadde is a new borrower, age 35 years old. She is a widow, with three children.

She applied for a loan of UGX.1,500,000 to improve her farming business. She will hire manpower to clear the farmland.

She has the challenge of little business turnover from her commercial farming and low market prices, so she decided to come to UGAFODE for a loan to increase manpower and expand both her farmland and agricultural business. The reason is to improve her well-being and her children's.

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

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Maruusi to hire labor to clear farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014