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Medard
Medard is a twenty-seven-year-old married man with two children living in Kasese, Uganda. He has been practicing agriculture for seven years and the sector is very lucrative since it is the major backbone of the economy. As agriculture is seasonal and cannot ably facilitate him to meet his day-to-day family expenses, he set up a retail shop. Price fluctuations and unpredictable seasonal weather changes are his major challenges; however, these not withstanding, he hopes to venture into modern farming methods, especially irrigating during the dry season. Medard is requesting a loan to buy fertilizer for his banana and coffee plantations.

Additional Information

More information about this loan

This loan is part of HOFOKAM's program targeting poor and geographically excluded populations in Western Uganda. In addition to loans, it provides social and business training programs to low-income entrepreneurs and their communities. Since 2003, HOFOKAM has provided sustainable financial and non-financial services to promote social, economic and sustainable land development and improve the quality of life for vulnerable populations. The organization has a clear vested interest in underserved communities with its headquarters in rural Fort Portal and a number of branches in extremely remote areas.
 

About Uganda

  • $1,800
    Average annual income
  • 236
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,583.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Medard to buy fertilizer for his banana and coffee plantations.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
May 19, 2013