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Karaci, age 27, is married, with one child, living in Hoima, Uganda. He earns additional income from an electronics and music system business he started to be able to meet his family's needs and other essentials. He has a dream of buying a truck to ease transportation of his products to the city, despite being challenged by inadequate capital to expand his business.

Karaci wants a loan to buy more maize and beans 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
  • 214
    View loans »
    Uganda Loans Fundraising
  • $32,028,325
    Funds lent in using Kiva
  • 2,453.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Karaci to buy more maize and beans to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 12, 2014
Feb 24, 2014
Currency Exchange Loss:
Feb 20, 2015