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Edward
Edward is a 34-year-old married man with three children living in Kagadi, Uganda.

He is a teacher by profession and has been in service for 10 years.

In order to supplement his meager salary he decided to venture into produce buying and selling. The business has been very lucrative.

Price fluctuation and inadequate capital to meet demand are his major challenges, while his dream is to own a food store in town.

Edward is requesting a loan to buy maize and groundnuts 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

  • $1,500
    Average annual income
  • 154
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,584.8
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $1,375 helped Edward to buy maize and ground nuts to sell.
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Expired:
Dec 9, 2012