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Hamidu
Hamidu's beauty salon enterprise has been in existence for 2 years. It is a business that generates a monthly income of UGX 420,000 and whose prospects for growth are looking rosy, month in and month out.

Hamidu's business has one major advantage in that there are few competitors in his area of operation. He blazed a trail setting up this genre of business in one of the most rural areas in Bushenyi. Hamidu is aware that he needs to pull out all the stops to carve out a niche and to obtain a firm footing in this type of business. He is cognizant that he needs to reequip his salon since his services, principally the plaiting, is becoming quite popular with clients. Hamidu intends to use this loan to purchase more salon equipment, wigs, weaves, cosmetics, etc. to use in his beauty salon.

On the side, Hamidu also earns income from a coffee and banana sales business.

About Uganda

  • $1,500
    Average annual income
  • 290
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,435.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Hamidu to purchase more salon equipment, wigs, weaves, cosmetics, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 6, 2013