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Margret is a 39-year-old single mother of six children living in Kasese, Uganda. She has been selling foodstuffs for six years, and with the profits, she has been able to start a cloth-selling business. The good mother that she is, she desires to educate her children up to the University despite challenges of inadequate capital. Her business plan is to have a food store that can supply her customers all year round. Margret intends to use the loan to buy bananas 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
  • 225
    View loans »
    Uganda Loans Fundraising
  • $32,044,650
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Margret to buy bananas to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Sep 18, 2013
Oct 7, 2013
Currency Exchange Loss:
Jun 17, 2014