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Fred is 36 years old, a resident of the outskirts of a city. He is married with 7 children who all attend school. He deals in a business of plumbing materials which was started in 2009 with an aim of boosting his daily income. In addition to that, he is a driver who drives a truck [FUSO] that fetches him additional income.

Fred has applied for a loan of 3,000,000 UGX to purchase more stock of plumbing materials for his business. However he faces the challenges of inadequate capital, rental expenses and some competitors. He hopes some of these challenges will be overcome after getting the funding from Kiva lenders through UGAFODE Micro-finance.

His customers are fellow plumbers and people from various areas that have same profession, including builders. Fred has the capacity of working if he gets enough capital to expand his business.


About Uganda

  • $1,800
    Average annual income
  • 190
    View loans »
    Uganda Loans Fundraising
  • $31,415,275
    Funds lent in using Kiva
  • 2,470.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Fred to buy pipes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 14, 2014
Jan 25, 2014
Currency Exchange Loss:
Feb 20, 2015