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Margret
Margret is a hardworking married woman living in Kagadi, Uganda. For ten years she has been running a retail shop. She started the business after a fruitful maize harvest that she sold to nearby schools.

Inadequate capital is affecting the business, but her dreams are to expand her business into a wholesale one and to educate her five children. Margret is requesting a loan to buy sugar, soap and cooking oil to sell.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,584.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Margret to buy sugar, soap and cooking oil to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013