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Nathan
Nathan is 34 years old, married to Mary, with 3 children ages 4, 7, and 10. Two of them attend school; Nathan is the sole provider of school fees and other necessities for them.

He wants a loan of UGX.1,500,000.

Nathan is a farmer. He grows mainly maize and bananas, but he is also a civil servant; he works with the District Local Government. Nathan says he started farming to supplement his salary because his family was growing and he needed to take care of them.

His dream are to acquire a tractor and start farming on a large scale, educate all his children to the university level, and build a modern family house.

His main challenges include unpredictable weather changes and a poor transport network in the area, which hinders transportation of his products to market areas. He is hardworking and shrewd.

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
  • 283
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,505.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped Nathan to buy farm tools and pesticides.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014