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Vicent
Vicent is a married man aged 30 years with two children, one of whom attends school. He lives in Kisaayi and has a retail shop and does agriculture as a side income. He started his business in 2003.

He works 7 days a week and 18 hours per day and he started his business to increase his family income. He is acquiring this loan to purchase more stock for the retail business. His clients are the residents of Kisaayi and people from villages around Kisaayi.

His future hopes are to build rental accommodation in Kisaayi and to grow to become a wholesaler. The challenges he faces are delay of payments by customers who take items on credit and lack of enough capital.

He describes himself as a hardworking man and encourages lenders to keep helping business people since it will lead to the development of different areas.

About Uganda

  • $1,500
    Average annual income
  • 224
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Vicent to buy merchandise to sell to his customers.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014