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Richard
Richard is a 32-year-old married man with five children who owns a house in Kyenjojo, Uganda. For six years, he has been running a retail shop, which he started with capital of 500,000 Ugandan shillings. He has now built up his capital. He experiences hardships from competition and bad debtors. His vision is of a wholesale business, plus educating his children. Richard intends to use the loan to buy soap, beers, soda, sugar and rice 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
  • 118
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,588.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Richard to buy soap, beers, soda, sugar and rice to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 10, 2014