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Fred is a 40-year old-married man with four children between the ages of 16 and 4 living in Kagadi, Uganda. He owns a carpentry workshop that he started ten years ago, where he makes chairs and beds. He has been able to establish a motorcycle transport business to supplement his business. He dreams of buying a lorry in future. Limited capital is affecting his business growth. Fred intends to use the loan to buy timber for making school desks and beds 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
  • 168
    View loans »
    Uganda Loans Fundraising
  • $32,003,575
    Funds lent in using Kiva
  • 2,663.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Fred to buy timber for making school desks and beds to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jan 17, 2013
Jan 17, 2013
Currency Exchange Loss:
Sep 17, 2013