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Mark
Mark is a married man who has two children, living in Kagadi,Uganda. For two years he has been operating an Internet cafe, and with the money he earned he has been able to buy a plot of land, and provide the basics to his young family. After completing his studies he decided to explore his dream of becoming self-employed, and that is why he ventured into business. Lack of enough computers to serve the increasing number of clients and inefficient electricity supply are his major challenges. His dream is to have one of the most efficient Internet cafes in the district.

Mark is requesting the loan facility to buy computers for his Internet cafe business.

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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,587.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Mark to buy computers for his Internet cafe business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 11, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013