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Verekano, a married father of six children who lives in his own house in Hoima, Uganda, has been fishing for 10 years, a livelihood that has enabled him to provide the basics for his family. Now requesting a loan to purchase a boat, he faces the challenge of fish depletion due to government negligence in enforcing its fishing policy. Verekano's dream is to acquire a fishing tender at the shore and buy two more boats.

Additional Information

Important Information

This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.

About Uganda

  • $1,800
    Average annual income
  • 117
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,875.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Verekano to buy a boat.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 21, 2011
Sep 29, 2011
Currency Exchange Loss:
Aug 15, 2012