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Yonasan
Yonasan is a hardworking, 30-year-old man living in Bundibugyo, Uganda. He has a retail shop, and he started the business after dropping out of school. He worked as a casual laborer, and after saving enough money he started his current business. Price fluctuations and high rental fees pose challenges to the growth of his business. His dream is to own a wholesale shop. Yonasan intends to use the loan to buy merchandise such as salt and soap 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
  • 361
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,645.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Yonasan to buy merchandise such as salt and soap to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 10, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 22, 2013