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Donald is a first time borrower of Ugafode Microfinance Ltd. (MDI), and he is applying for a loan of three million shillings (3,000,000).

He is married with two children. Donald rents in Entebbe near the airport where he has a cattle fattening business. He is also a public servant and works with the Entebbe air forces.

Donald says he has a ready market for his cattle and he is projecting demand to be high mainly during the Christmas season. He is hampered by inadequate capital so he is applying for a loan in order to buy more cattle to fatten which he hopes will be ready to sell by that time so that he will be able to raise more income and won't have to depend on loans in the future.

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
  • 116
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Donald to buy cattle for fattening.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 18, 2013
Nov 1, 2013
Currency Exchange Loss:
Dec 17, 2014