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Mustarfa
Mustarfa is a 51-year-old married man living in Bundibugyo, Uganda, with eight children. He has been in cocoa farming since 1996. He also gets a side income from cocoa products, which he buys from others and sells to the factory.

Unpredictable weather changes and price fluctuations affect his business growth, while his desire is to become the leading cocoa producer in the area. Mustarfa intends to use the loan to prune his garden and buy cocoa 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
  • 317
    View loans »
    Uganda Loans Fundraising
  • $29,630,050
    Funds lent in using Kiva
  • 2,589.4
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Mustarfa to prune his garden and buy cocoa to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
May 18, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013