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Edson
Edson is a 72-year-old married man with eleven children living in Bundibugyo, Uganda. He practices farming for his earnings, along with his monthly pension. He sells cocoa from his garden, which helps him to cater to his family's basic needs. His challenges are the unpredictable weather changes and competition since most people in his area are cocoa farmers. Edson intends to use the loan to complete his residential house, which is his dream.

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.
 

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Uganda

  • $1,800
    Average annual income
  • 128
    View loans »
    Uganda Loans Fundraising
  • $33,813,225
    Funds lent in using Kiva
  • 2,524.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Edson to complete his residential house.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2014
Listed
Mar 21, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2014