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Rashid
Rashid lives in Hoima Uganda. He is 30 years old and married with two children. He makes and packs juice, water and bakes bread. He earns additional income from boda boda (motorcycle) transport.

He started the business so as to improve his family's earnings. He hopes to develop his business, despite the challenge of high license fees. He is acquiring credit to buy materials and chemicals for juice and water packaging.

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
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,540.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rashid to buy materials and chemicals for juice and water packaging.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2014
Listed
Apr 3, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014