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Frank
Frank is a male Ugandan, aged 34 years. He is married to Juliet, with whom he has four children aged between 4 and 12 years. Only two of them are attending school. Frank is a farmer in a rural area, producing coffee. He has been doing this job since 2002 as his source of livelihood. He also grows other crops, like beans and maize.

Frank has approached Ugafode for a loan of 1,300,000 UGX. He will use it to hire labourers. He has borrowed 800,000 previously. He intends to pay back the loan, out of revenues from his farming activities. His main business challenges include weather changes, which affect crop productivity. He describes himself as hardworking and honest.

He dreams of building a good, residential house for his family, and of acquiring more land for his family, which is growing big.

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

  • $1,800
    Average annual income
  • 271
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,505.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Frank to hire labourers for picking and drying coffee.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014