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Grace
Grace is in the bar business in Hoima, Uganda. She is a single mother of four children and charged with a responsibility of taking care of her family. Grace started business in 2009 to meet her daily needs being the only bread winner. She has a dream of expanding her business although she complains of competition and inadequate capital which hinders her business.

Grace will use the money to buy soft drinks and beer for selling.

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
  • 267
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,570.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Grace to buy soft drinks and beer for selling.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
Jun 11, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014