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Bonney
Bonney, aged 36, is a hardworking and dedicated man. He is a resident of Kilinya Bbigo in Mutundwe, a neighborhood on the outskirts of Kampala. He works full time on his farm raising pigs and poultry. His farm has greatly helped him to look after his younger brothers and sisters and send them to school.


Bonney’s farm is generally profitable and the market for his animals(pigs) is favourable. But he has not been able to really benefit from his work, as the farm requires a lot of money to buy feeds for his pigs and chicks to ensure they are of good quality.


Therefore Bonney is applying for a 3,000,000 UGX loan through UGAFODE to buy feed for his animals. He desires to benefit from a large market for his pigs and poultry and enjoy bigger profits.

Rubaga Road is one of the UGAFODE branches within Kampala city.

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

  • $1,800
    Average annual income
  • 236
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,474.9
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,225 helped Bonney to buy feed for his pigs and chicks.
95% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 21, 2014
Listed
Jan 31, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015