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Bonny
Bonny is a 45-year-old married man living in Hioma, Uganda. He is a farmer who also sells produce for a living. Bonny's major business challenges are the high cost of transportation and the effect of weather on the roads he uses to transport his produce.

Bonny is requesting a loan to buy produce, such as maize and beans, to sell. His business plan is to buy a truck to help him transport his goods. Bonny is a good father who desires to educate his children through the university level as well as set up sustainable income-generating activities for his family.

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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,659.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Bonny to buy produce, such as maize and beans, to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Feb 21, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013