Check out other loans that are currently fundraising!
Alex
Alex is a 34-year-old man, married with four children and living in Hoima, Uganda. He runs a produce business dealing in maize, beans and groundnuts, which he has operated for a period of two years now. He earns additional income from his bar and through farming. His dream is to buy a lorry for transporting his merchandise, yet he is facing the challenges of limited capital and unpredictable weather changes. Alex intends to use the loan to buy produce such as maize, beans and groundnuts 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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,569.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Alex to buy produce such as maize, beans and groundnuts to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2013
Listed
Aug 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014