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Lawrence is a 36-year-old married man with four children living in Fort Portal, Uganda. In order to meet the daily needs of his family, he decided to start a produce and cattle business but also supplement the business with farming, which he has practiced ever since he was 20. Price fluctuation and limited finances hinder his business growth. His dream is to own a ranch and farm for commercial purposes. Lawrence intends to use the loan to buy beans 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
  • 242
    View loans »
    Uganda Loans Fundraising
  • $31,040,150
    Funds lent in using Kiva
  • 2,638.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Lawrance to buy beans to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Feb 17, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013