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Malik
Malik is 22 years old and married with two children living in Masindi, Uganda. For three and half years he has been in the phone accessories business. He started the business with 500,000 shillings, but now his business is worth 5,000,000 shillings. Price fluctuation and theft are great threats to his business. His dreams are to build a permanent home, diversify his business to include farming, and educating his children. Malik intends to use the loan to buy more phone accessories to sell.

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
  • 131
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,500.0
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $1,200 helped Malik to buy more phone accessories to sell.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 22, 2012
Currency Exchange Loss:
Possible
Expired:
Oct 22, 2012