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Edward
Edward is a 37-year-old married Ugandan man with five children, of whom four attend school. He is not only a miller but also a mechanic which generates income for him. The only factor that has prompted him to acquire a loan is to buy a bigger milling machine. His future hope is to see himself a millionaire as he wishes his income to increase. Edward is challenged by inadequate capital which at times makes him fail to achieve his targets.

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
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,598.0
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,175 helped Edward to buy a bigger milling machine.
87% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 4, 2014
Currency Exchange Loss:
Possible