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Rashid is a thirty-seven-year-old married man with four children living in Kyenjojo, Uganda. He has been dealing in buying and selling bananas for many years. He started the business because there is a lot of demand for food as there is famine in most parts of Uganda. His hardship is high transport costs and his vision is to become a market leader in food distribution. Rashid needs the loan to buy more bananas 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
  • 192
    View loans »
    Uganda Loans Fundraising
  • $31,346,400
    Funds lent in using Kiva
  • 2,528.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rashid to buy more bananas to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 8, 2014
May 27, 2014
Currency Exchange Loss:
Mar 18, 2015