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Charles
Charles is a 35-year-old man with one child from one of the villages in Ibanda. His child attends school. He runs a piggery project where he earns income to look after his family. He started this piggery business because he wanted to increase his level of income. He has been able to make good sales since there is less competition in the area where the business is located.

He would like a loan of 2,500,000= so that he can buy more piglets that he will rear and the sell at a higher value when they have grown and also to construct an improved sty for his pigs. He also hopes to construct a permanent house for his children.
Charles is a hardworking man.

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.

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About Uganda

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,505.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Charles to buy baby pigs and to construct an improved sty.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2013
Listed
Dec 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2015