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Fred
Fred is a new client and a resident of rural Uganda. He is aged 45 years old. He deals in agriculture and wants to improve it so that he can increase his income but he is lacking enough money to buy organic manure and hire labor. That’s why he has come to UGAFODE for loan hoping that it can change his output by increasing yields so that he will be able to harvest more matooke (bananas). He applied for a loan of UGX 5,000,000 and is optimistic that this will change his income and status. He is grateful that Kiva lenders are willing to support his dream of alleviating the poverty of his household. He is hardworking.

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

  • $1,500
    Average annual income
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,598.0
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,925 helped Fred to buy organic manure.
29% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2014
Listed
Jul 4, 2014
Currency Exchange Loss:
Possible