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Apollo, a married man, plans to buy baby bulls that he will raise for a period of 6 months and later sell at a profit. He says that UGAFODE through the quarterly loan payment system has made his business flourish because he has been able to buy the bulls at a cheaper price, feed them consistently, and sell them after they have fattened. His status of life and his household has considerably improved.He hope to keep getting the loans until his business becomes sustainable.

Additional Information

More information about this loan

This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.


About Uganda

  • $1,800
    Average annual income
  • 95
    View loans »
    Uganda Loans Fundraising
  • $33,590,725
    Funds lent in using Kiva
  • 2,557.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Apollo to buy baby bulls to raise and sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 12, 2013
Oct 10, 2013
Currency Exchange Loss:
Nov 17, 2014