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Francis
Francis is a married man who comes from a remote area in Nsungu- rural Ibanda. He deals in cattle and goat fattening and trade. He has been in this business for 15 years and it has helped him to educate his six children. He has requested a loan of 3,000,000 UGX to buy cows and goats. He is targeting the Christmas season for higher sales. He hopes to expand his business and cash flow because he has plans of constructing a permanent home for his family. Francis has many customers because he is 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.

About Uganda

  • $1,500
    Average annual income
  • 149
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Francis to buy cows and goats.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2013
Listed
Dec 7, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014