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Sarah
Sarah deals in a produce business in Hoima, Uganda. She is a hardworking woman charged with a responsibility of taking care of three children between the ages of 20 and 25 years old, alongside three dependents. She started the business so as to educate her children. She earns side income from rentals and dreams of expanding her business into new market areas. However, seasonal changes and high transport costs affect her profits.
Sarah will use the money to buy more beans, nuts, and maize flour to sell.

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.

Tags

About Uganda

  • $1,800
    Average annual income
  • 131
    View loans »
    Uganda Loans Fundraising
  • $33,813,225
    Funds lent in using Kiva
  • 2,665.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Sarah to buy more beans, nuts, and maize flour to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2014
Listed
Jul 18, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015