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Valeriano
Valeriano is a repeat customer and a resident of Rukiri Rushenyi Ntungamo district, whose major activity is farming. He has applied for a loan of UGX 2,500,000. He wants to use the money to buy mulch and pesticides which will improve his banana plantation and the quality of the bananas. He is faced with the challenge of low productivity with his farming due to poor farming methods. His prime target is to yield a high output from his plantations and also to take his children to better schools in the country. But he is limited by capital and funds to enable him to achieve his dreams. With this loan, he believes his production will improve and so will his lifestyle in society after getting an increase in his income.He is hard working and proud of the kiva partnership.

Additional Information

More information about this loan

This loan is part of UGAFODE”s Micro Mortgage Loan program.  Many of these clients are currently renting and these loans allow them to own their home and provide for their families. This may be their first home, or renovation to homes not fit for habitation.  By building and renovating, borrowers who utilize these loans have improved health and safety through a stronger structure and better protection from the elements.  UGAFODE offers these loans to cover essential costs like labour and material so borrowers can provide adequate shelter and sanitation facilities for their families.

About Uganda

  • $1,500
    Average annual income
  • 227
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,555.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Valeriano to buy mulch and pesticides.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015