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Rose

The following description was written by Moses Onyango, a volunteer with Village Enterprise Fund and partner representative for Kiva in Uganda:



Rose got a grant of 100 US dollars from VEF. She started straight away with her business of buying and selling produce.



She buys and sells the following items: millet, sorghum, rice, beans, dry cassava, peas, etc.



Most of the people in Uganda live by agriculture. So the only way for the community to raise money for supporting themselves is by selling off their food crops to the available market.



Uganda lies on equatorial region so this makes it to receive rain throughout the year. Thus people are able to plant and harvest their crops thrice a year. This gives Roseís business of produce to run all throughout the year.



She is able to raise some money out of her small capital to support her family.



Given the 500 US dollars, she will excel in her business very well.



She is capable of handling the loan and also to refund it back.

About Uganda

  • $1,500
    Average annual income
  • 294
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Rose buying and reselling of produce.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2005
Listed
Apr 15, 2005
Currency Exchange Loss:
N/A
Ended:
Dec 13, 2005