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Update on Alfred

Alfred used the previous loan to weed, plough and buy insecticides for his garden. He is a 42-year-old, hardworking man who lives in Kasese, Uganda with his seven children. His personal goal is to educate his children and build a permanent house. He has been a farmer for ten years after starting his farm with 300,000 shillings; he now has capital of 3,500,000 shillings. His major hardships are high fuel and transportation costs, price fluctuations and inflation while his business goal is diversifying his farm to include animal rearing. Alfred is requesting a loan to pay workers who are harvesting his maize garden.

Previous Loan Details

Alfred is a forty-one year-old hardworking man with seven children living in Kasese, Uganda. His personal goal is to educate his children and build a permanent house. He has been a farmer for ten years after starting with capital of UGX 300,000 and now has capital of UGX 1,500,000. His major hard... More from Alfred's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Uganda

  • $1,800
    Average annual income
  • 194
    View loans »
    Uganda Loans Fundraising
  • $31,415,275
    Funds lent in using Kiva
  • 2,670.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Alfred to pay workers who are harvesting his maize garden.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 13, 2012
Dec 17, 2012
Currency Exchange Loss:
Apr 17, 2014