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Florence
Florence is a 56-year-old woman with six children living in Bundibugyo, Uganda. She is a very hardworking woman who operates a bar and lodge with a pool table. She has been in business for six years, and with the proceeds she pays school fees for her children. Inadequate capital is a great hindrance to her business plans, although she still wants to own a modern hotel someday. The purpose of the loan is to buy soda 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
  • 361
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,720.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Florence to buy soda to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2013