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Godfrey
Godfrey is a thirty-three-year-old married man with three children living in Kasese, Uganda.

For seven years he has been trading in produce and the business is very lucrative. Customers not paying on time and insufficient supply due to unpredictable weather affect the business, while his dream is to own a food store that can sustainably supply his customers all year round. He started by selling two sacks a month but now sells over ten sacks in a month and is hopeful that he will be the leading supplier in the next two years.

Godfrey 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
  • 234
    View loans »
    Uganda Loans Fundraising
  • $29,092,125
    Funds lent in using Kiva
  • 2,675.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Godfrey to buy maize to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2013