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Paul
Paul is a twenty-eight-year old man with three children living in Bundibugyo, Uganda. He has been in the agriculture business since 2008. He also gets income from his retail shop, which he started after realizing that farming alone could not help him provide the basics for his family, due to its seasonal nature.

The high cost of rent and price fluctuations are his major challenges, while his dream is to trade in wholesale.

Paul is requesting for a loan to buy general merchandise such as soap and salt 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

  • $1,800
    Average annual income
  • 260
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,585.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Paul to buy general merchandise such as soap and salt to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2013