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Alex
Alex is a businessman who sells drinks and beverages. He started this business in 2004 with the objective of earning income to cater to his family needs.

His business is located in a trading center, and his clients are mainly people from the same area. He started the business with high hopes that it would earn him enough profits to educate his siblings. He works six days a week and eight hours per day. He also works with a management agency to earn a salary that greatly boosts his income.

Alex would like to use the loan money to buy more stock so that he can serve his clients better and earn more profit. His clients are mainly people in his area of operation, and he hopes to serve them better if he receives the loan. With the loan, he will better meet the customers' needs. Alex is challenged by lack of enough capital, but he is hopeful that this will cease to be a challenge if he receives the loan of 1,500,000 UGX.

He is determined to remain the hardworking gentleman he has always been and to use the profits from the business to educate his siblings. He would like to develop himself financially thereby achieving his goal in life.

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About Uganda

  • $1,800
    Average annual income
  • 236
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,469.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Alex to buy soft drinks.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2014
Listed
Feb 7, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014