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Omuhereza
Omuhereza is a 41-year-old married man with eight children, who lives in Kyenjojo, Uganda. He has been working in local brew distillation but also buying it from others for 12 years. He earns additional income from a retail shop dealing in general household items. Omuhereza started his business to take advantage of a vast and ready market available to him and has since reaped tangible benefits. His aim is earn more income in order to educate his children and build a permanent house, while his business plan is to expand his sugarcane farm to a large estate since he uses sugarcane as a raw material for his local brew. Omuhereza intends to use this loan to buy local brew 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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,557.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Omuhereza to buy local brew to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 20, 2014