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Mugisa
Mugisa is a 58-year-old married man with four children living in Kagadi, Uganda. He deals in juice packaging and processing and has been in business for six years. He is also in a local brew and lodging business. He set up this business to get income to support his family.

Price fluctuations and the seasonal nature of the business affect his business since fruits have two seasons in a year, while his dream is to own a big juice-processing plant. Mugisa intends to use the loan to buy preservatives to use in juice making.

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
  • 230
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,640.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Mugisa to buy preservatives to use in juice making.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 28, 2014