Funded

Total loan: $825
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Charles


A loan of $825 helped to support cattle fattening.


Charles's story

Charles is a new client of the institution who has applied for a loan of UGX 2,000,000. He is a 58-year-old man who is married and blessed with five children. He hails from Kicence village, Rwentondo parish, Eastern division, of the Rukungiri municipality.

He is a hardworking man who has been dealing in cattle fattening and trading for so many years. However, in his business, he has been faced with many challenges. These include competition from other traders, prolonged droughts, and price fluctuations.

He dreams of expanding his business and has approached this institution for financial support. With this loan from UGAFODE, he hopes to expand his business and earn more profits. He thanks Kiva lenders for their partnership and is looking forward to maintaining the partnership through loan repayment.



Loan details

Loan length:

14 months
Disbursed date: February 14, 2014
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: February 14, 2014
Facilitated by Field Partner: UGAFODE Microfinance Limited