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Joseph owns an electrical appliances shop in Karuguuza, Uganda managed by his wife with whom he has three children aged six, three, and eight months. He has operated his shop for three years now and has seen it grow steadily with good, considerable profit.

Joseph is a civil servant with the local government. He dreams of being the supplier of electrical appliances in Karuguuza town as a wholesaler. He plans to use the loan from Hofokam to purchase electrical wire, kettles and flat irons for resale, items which he says have the biggest demand.

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
  • 83
    View loans »
    Uganda Loans Fundraising
  • $33,534,000
    Funds lent in using Kiva
  • 2,130.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Joseph purchase electrical wires, kettles and flat irons for reselling.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 18, 2010
Mar 20, 2010
Currency Exchange Loss:
Oct 15, 2010