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Fred is the head of a family with four children aged thirteen, ten, eight, and four. He is a carpenter in Karuguuza, Uganda and his wife is a health worker. He has been in the carpentry and joinery business for the last fifteen years and he has been able to construct a commercial house from the profits gained.

Fred has been a Hofokam client for two years. Having first worked as a technical teacher, he later opened a carpentry workshop in rented premises but now operates it in his own commercial house. The purpose of the loan is buy more mahogany timber to enable him to produce quality work.

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
  • 131
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,130.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Fred buying more mahogany timber.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Mar 18, 2010
Mar 20, 2010
Currency Exchange Loss:
Jul 15, 2010