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Osbert
Osbert, 29, resides in the outskirts of Nabbingo. Three years ago, he started a mobile money business. Osbert needed to create a new source of income to support himself after he failed to find formal employment.

Osbert's business is strategically located. His major business challenge is a lack of capital, which makes it difficult to adequately serve his customers. When his business has inadequate financing, it hinders his company's growth and expansion. Therefore, Osbert is requesting a loan of 1,000,000 UGX to add capital to his business.

About Uganda

  • $1,800
    Average annual income
  • 260
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,495.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Osbert invest in his mobile money business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014