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Charles
Charles is a 34-year-old married man living in Masindi, Uganda. The responsibility of looking after his four children rests solely on him, and his desire is to educate them up to university.

Charles is a farmer and also sells maize for a living, despite the challenges of price fluctuations and inadequate capital. His business plan is to diversify his business and trade in other cereals and to venture into modern farming methods. Charles intends to use the loan to buy maize 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
  • 230
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,667.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Charles to buy maize to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2013