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Benon
Benon, age 61, is a farmer and a vendor of agricultural produce. He farms banana and sugar cane as well as other crops, and his customers are wholesalers from the city.

Benon lives with his wife and children in Fort Portal, Uganda. His primary objective is to bring in a good income so that he can support his family and eventually provide for his children's higher education.

The current rainy seasons often make the roads impassable, and floods are also a great threat to his business. His desire is eventually to own a food store in town.

Benon intends to use the loan to buy ground-nuts and maize 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
  • 137
    View loans »
    Uganda Loans Fundraising
  • $28,654,350
    Funds lent in using Kiva
  • 2,562.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Benon to buy ground-nuts and maize to offer for sale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014