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From Kyenjojo, Uganda, Margret is a 35-year-old married woman with three children. For the past five years she has sold shoes for a living. Problems of inadequate capital to buy more shoes, price fluctuations and inflation leading to high operational costs challenge her.

Margret is applying for a 2,000,000 UGX loan from HOFOKAM to buy more shoes to sell. Her ambition is to educate her children, build herself a house and expand her sales into new marketplaces.

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
  • 123
    View loans »
    Uganda Loans Fundraising
  • $33,598,375
    Funds lent in using Kiva
  • 2,479.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Margret to buy shoes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
May 24, 2012
Jul 3, 2012
Currency Exchange Loss:
Jan 16, 2013