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Micheal, age 64, is requesting a loan to buy more assorted drinks like beer to sell. He lives in Hoima, Uganda and used his savings from civil service to open up a lodge and pool business to supplement his income. He faces the difficulty of high transportation costs from the beer depot to his selling point. Micheal desires to see his children graduate so that they can be self-dependent.

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.

About Uganda

  • $1,800
    Average annual income
  • 179
    View loans »
    Uganda Loans Fundraising
  • $32,667,650
    Funds lent in using Kiva
  • 2,524.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Micheal to buy more assorted drinks like beer to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 12, 2014
Mar 22, 2014
Currency Exchange Loss:
Feb 20, 2015