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Charles
Charles is a farmer growing coffee in Kyanyaruhango in Kyanzaire Kashenshero in Mitooma District. He started farming in 2004 with the hope of getting a clear source of income so that he would able to provide for his family members. He is a married man and the father of ten children who have all finished school except the last three. He also has a bee-keeping project in Kashenshero in Mitooma District and this gives him additional money which he use to cater for the needs of his family. His clients are mainly coffee traders in the same area from which he operates and these have supported him greatly since they assure him of a market for his coffee. He has applied for a loan of 3,000,000 UGX to be able to buy mulch for the coffee plantation so that the harvests can be better than the usual quantities harvested which would result into higher incomes. He is mainly challenged by the weather which hits his coffee plantation hard but he believes that with the loan, if given, he will have the soil fertility boosted and will be in a position to earn much more and hence be in position to educate all his children (the last three) which has always been his wish, and the reason why he works hard despite the old age bracket he is in now.

Additional Information

More information about this loan

This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.

Tags

About Uganda

  • $1,800
    Average annual income
  • 240
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,547.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,200 helped Charles to buy mulch for his coffee plantation.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2014
Listed
Mar 29, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015