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Adera
Adera is a fifty three year old widow with five children living in Bundibugyo, Uganda. Three of the children attend school. The ever-changing customer preferences coupled with inadequate capital affect her business growth. Adera's dream is to own a boutique and in the long run have a fashion house. Adera intends to use the loan to buy clothes to sell and a sewing machine.

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
  • 141
    View loans »
    Uganda Loans Fundraising
  • $28,287,225
    Funds lent in using Kiva
  • 2,635.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Adera to purchase new clothes to sell and a sewing machine.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 22, 2013