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Margret
Margret is a 40-year-old, hard-working woman, with three children, living in Fort Portal, Uganda.

She operates a clothes business, but also earns extra income on a monthly basis from rental houses. Ever-changing customer preferences and inadequate capital affects the business growth, while her dream is to have a modern boutique and to construct on her plot of land.

Margret intends to use the loan to buy clothes 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
  • 151
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,590.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Margret to buy clothes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014