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Charles
Charles is a 41-year-old hardworking man living in Kyenjojo, Uganda. He is a teacher by profession, and he was inspired into service by his love for young people.

With his salary savings, Charles bought a motorcycle that he hires out to a driver who remits 80% of the daily income. The business has proved to be very lucrative. High fuel prices and mechanical breakdowns affect his profits. His desire is to own at least five motorcycles.

Charles intends to use the loan to buy a motorcycle for his transport business.

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
  • 132
    View loans »
    Uganda Loans Fundraising
  • $33,804,000
    Funds lent in using Kiva
  • 2,720.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Charles to buy a motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2013