100%

funded

Total loan: $825

Nicholas

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Rukungiri, Western Region, Uganda / Food

Nicholas's loan finished fundraising,
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A loan helped to buy bananas to increase juice production for profit maximization.


Nicholas's story

Nicholas became a member of UGAFODE through a recommendation from a friend. He sells banana juice in the outskirts of Rukungiri, a business which sustains the family.

However, his limited capital is a major constraint to developing his business. It is for the desire of boosting his business that he has applied for a loan of 3,000,000 UGX to buy bananas to increase juice production.

Nicholas is optimistic that his sales will improve and so will his income. This will improve his family's livelihood. He is truly grateful to Kiva and its partners for the support they are extending for low-income earners to transform economically.