Funded

Total loan: $2,650
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Kayembe Group

Uganda
Rukungiri, Uganda / Shoe Sales

A loan of $2,650 helped a member to buy shoes to sell to customers.


Kayembe Group's story

Venosta is a 25-year-old man who is married with one child and lives in the outskirts of Rukungiri Town. He operates a shoe selling business along a busy street in Rukungiri Town. He started his business in the year 2011 with a small capital of less than UGX 200,000 and his business has now grown to capital of up to UGX 3,000,000. His major clients are local residents of the area and those from nearby villages that come to Rukungiri to shop. He wants a loan which he will use to buy more shoes to add to his stock. He expects the business to boom during the Christmas season. His major challenge was operating from the beginning with little capital. However, he is now grateful to UGAFODE Microfinance Limited (MDI) and the Kiva lenders for lending him more money to add to his business.

In this group: Allen , Charles , Ambrose , Unith , Jovanis, Fidel, Sarah, Paskazia, Florence , Patience, John*, Venosta
*not pictured


Loan details

Loan length:

10 months
Disbursed date: November 12, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams




Loan details

Loan length:

10 months
Disbursed date: November 12, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited