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Lenard
Lenard is a 35-year-old man living in Fort Portal, Uganda. He is a farmer who grows a variety of foods which he sells to the local market. Like most farmers he is challenged by unpredictable weather changes and price fluctuation, both of which affect his projected yields. He has a business plan to venture into modern farming, and dreams of building rental houses and educating his children up to the university level. Lenard intends to use the loan to buy seedlings and pay labor.

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
  • 318
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,645.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Lenard to buy seedlings and pay labor.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Mar 10, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 9, 2014