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Denis operates a mobile money business on the city's outskirts. The business currently has a small profit margin because his capital is still small. Denis thinks that if he gets the loan, his capital base will increase and so will his profits. He hopes to venture into money lending, if his capital increases. He is hard-working.

Denis thanks Kiva lenders, through UGAFODE Microfinance Limited, for giving him a loan, even without security.

About Uganda

  • $1,800
    Average annual income
  • 129
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,525.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Denis to access working capital for mobile money.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 14, 2013
Dec 9, 2013
Currency Exchange Loss:
Aug 17, 2014