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Richard is a 28-year-old married man with two children; he is living in Fort Portal, Uganda. He deals in transport and farming, growing matooke. He faces challenges of competition, bad roads and increased fuel prices. However, he has hopes of having a bigger vehicle for transport, like a lorry or tipper.

Richard needs a loan to buy tires, a gear box, and the general repair of his vehicle.

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
  • 236
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,534.9
    Uganda Shillings (UGX) = $1 USD
A loan of $800 helped Richard to buy tires, a gear box, and the general repair of his vehicle.
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 21, 2014
Jun 2, 2014
Currency Exchange Loss:
Jul 2, 2014