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Uthuman
Uthuman is a 28-year-old married man living in Fort Portal, Uganda. His business is running a retail shop. He gets additional income from phone charging, motorcycle transportation and teaching. He is facing challenges of high costs of products and the general price fluctuations.

However, he has a vision of having a steady business fully stocked to capacity so as to attract more customers and increase his profits plus lighting his house with solar power since they don't have hydro electricity in his village. Uthuman has asked for a loan to buy solar panels for his house.

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
  • 290
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,532.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Uthuman to buy solar panels for his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2014
Listed
Mar 23, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014