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Richard
Richard is an ambitious married man with four children living in Fort Portal, Uganda. He is an agriculturalist, but also sells milk to meet the daily expenses of his family. Richard has been in business for eight years and with the proceeds he has been able to pay school fees for his children.

Richard's personal goal is to build a permanent house for residence while business goal is to own a dairy farm and modernize his farming activities. Richard intends to use the loan to buy seedlings for planting.

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
  • 104
    View loans »
    Uganda Loans Fundraising
  • $28,637,175
    Funds lent in using Kiva
  • 2,577.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Richard to buy seedlings for planting.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 20, 2014