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Stephen
Stephen is a 35-year-old hardworking married man, living in Kagadi-Uganda. He has been operating a boutique and farming to generate extra income. He has a vision of expanding his business into a well stocked positioned boutique serving all men, women and children. Despite his desires, he faces a limitation of high transport costs. Stephen is asking for a loan to buy more clothes 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.
 

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About Uganda

  • $1,500
    Average annual income
  • 323
    View loans »
    Uganda Loans Fundraising
  • $29,688,425
    Funds lent in using Kiva
  • 2,538.1
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,200 helped Stephen to buy more clothes to sell.
99% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2014
Listed
May 26, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015