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Africano is an old client of the organization who has applied for a loan of 4,000,000 Uganda shillings. He is married with four children who attend school, and he operates as a butcher in Kambuga, which he has done for over 10 years. The purpose of the loan is to buy more cows so that he can raise money to maintain his family, pay school fees for his children and develop himself.

Africano is an honest and hardworking man but is always limited by capital. He faces many challenges like the fluctuation of prices for cows and competition from other traders. However, with this additional capital from UGAFODE, Africano is hopeful that his family's situation will improve gradually.

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
  • 181
    View loans »
    Uganda Loans Fundraising
  • $32,674,725
    Funds lent in using Kiva
  • 2,603.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Africano to buy cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 12, 2014
Jul 1, 2014
Currency Exchange Loss:
Jun 26, 2015