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Philip
Philip is a 35-year-old hardworking man living in Fort Portal, Uganda. He is a farmer who mainly rears cattle, but also earns a salary as a coordinator hired by local government to offer agricultural advisory services to other farmers.

A good father that he is, he desires to educate his children to attain degrees as minimum qualification, and set up sustainable income generating activities. Prolonged drought and high cost of operation hinder his business profits, while his desire is to own a big and productive dairy farm. Philip intends to use the loan to buy three cows for rearing.

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.
 

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About Uganda

  • $1,800
    Average annual income
  • 256
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,517.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $925 helped Philip to buy three cows for rearing.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2014