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Felix
Felix is twenty-four years old and a businessman in a trading center where he has a retail shop. He started the business in 2011 and he has carried it on to date. He started the business with an aim of making money that he would use to fulfill the needs of his family.

In addition to the retail shop, he also offers mobile money services where he gets a commission, which boosts his income. His clients are the people in the Kizinda trading center where his business is located.

Felix hopes to use the loan money of two million shillings to buy more stock items so that he can meet the demands of his customers in the festive season of December. His major challenge is the lack of enough capital, but he hopes to overcome this if the Kiva funds through UGAFODE are given, because he will buy enough stock and will then have a competitive edge.

With his hard work, Felix is determined to achieve his goal of having and operating a wholesale shop.

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About Uganda

  • $1,500
    Average annual income
  • 103
    View loans »
    Uganda Loans Fundraising
  • $28,253,000
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Felix to buy household items to sell in his retail shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2013
Listed
Nov 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014