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Richard is a 33 year old man married to a primary school teacher looking after five people in his home stead. He dreams of constructing a modern home for his family. His business interests are butchery and car washing in Fort Portal Uganda. He has ten years of experience in butchery and four years in car washing. Before doing all that, he was a luggage carrier in Kampala, Uganda’s capital city. He then worked in some one else’s butchery before starting his own using small credit. He believes with more credit from Hofokam he will be able to transform his car washing bay into a modern one. The purpose of this loan is to buy cows for his butchery for selling as beef.

Additional Information

Important Information

This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.

About Uganda

  • $1,800
    Average annual income
  • 118
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,006.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Richard cows for selling as beef.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 5, 2010
Feb 24, 2010
Currency Exchange Loss:
Jun 15, 2010