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Alex
Alex is 32 years old, married, and has four children. He lives in Masindi. Uganda. He is a carpenter who is gifted with art but also trades in agricultural produce for additional income.

Alex is requesting a loan, which he will use to buy produce such as maize to sell. Customers not paying on time and inadequate capital affect his businesses. He dreams of educating his children up to the university level and owning a food store and a workshop in town.

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
  • 108
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,574.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Alex to purchase produce such as maize to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 23, 2013