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Leonard
Leonard is a 25-year-old married man with 2 children. He is a farmer who primarily deals in the cattle trade. In addition, he grows coffee and bananas and operates a retail shop to earn additional income. He has managed to provide for his family by earning income from all these efforts.

Leonard is applying for a loan of 3,000,000 UGX to buy land that he will use to graze his cows. His major challenge is the high rent that he is paying for grazing land. He wants to buy land and eliminate his rent expense. This loan will enable him to buy more cows.
His dream is to own the largest farm in his region.

He is a honest and hardworking person.

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

  • $1,500
    Average annual income
  • 316
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,537.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Leonard to buy land.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Nov 26, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014