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Gerald
Gerald, age 35, is a banana farmer. He and his wife have three children, and he works hard to support them.

Gerald's primary business challenge is low matooke output (matooke is a variety of cooking banana) on his farm, and he wishes to tackle this problem aggressively because the market for matooke has grown in the area. He used his previous loan of 3,000,000 Ugandan shillings to improve his farm by mulching his banana plantation, and he is confident that this will help increase his yields.

He decided to come to UGAFODE for a second loan in order to buy organic manure and additional mulch. He is confident that this investment will do wonders for his agricultural production.

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.

About Uganda

  • $1,500
    Average annual income
  • 108
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,531.6
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,200 helped Gerald to buy organic manure and mulch for his banana plantation.
74% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2014
Listed
Jun 2, 2014
Currency Exchange Loss:
Possible