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Lawrence
Lawrence, aged 36, is a married man with three children living in Kagadi, Uganda. He owns a produce business and he started the business with the savings from his salon. He describes himself as hardworking and has a dream of building a house for his family in future and to educating all his children up to university level. Price fluctuations and high license fees are his major challenges while his business plan is to own a food store that can sustainably supply his customers all year round. Lawrence intends to use the loan to buy beans and groundnuts 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
  • 342
    View loans »
    Uganda Loans Fundraising
  • $29,751,150
    Funds lent in using Kiva
  • 2,636.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Lawrence to buy beans and groundnuts to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 28, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013