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Fred
Fred is acquiring a loan to buy soft drinks, cooking oil, sugar and other items to sell. He is 35 years old and lives in Hoima, Uganda. He has a retail shop supplemented by a bar. Poor roads make transportation of goods to his business expensive, thus increasing his operational costs and consequently reducing profits. He hopes to expand his business.

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
  • 266
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,608.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Fred to buy soft drinks, cooking oil, sugar and other items to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2014
Listed
Aug 8, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015