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Sarapio
Sarapio is a 37-year-old man with six children living in Bundibugyo, Uganda. In order to supplement his cocoa plantation, he decided to start a retail shop where he earns money to meet the daily expenses of his family. Like all good fathers, he wants to educate his children up to university and set up sustainable income-generating activities, such as housing, in order to secure their future. Price fluctuation poses a great challenge to his business growth. His goal is to trade wholesale. Sarapio intends to use this loan to buy general merchandise such as salt and soap 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
  • 153
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,665.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Sarapio to buy general merchandise such as salt and soap to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013