You won't get a stellar instrument for that price, but can get a decent Makala (think the economy version of Kala). Lanikai, Corboba, and others will also have something down there. Oscar Schmidt can be OK but seem to be more variable than other brands.
Pono is definitely a quality upgrade, more comparable to a Taylor 214 versus a Yamaha 700FG.
If you can stretch your budget, I routinely recommend the thin Travel ukes by Kala. They sound good, are well built, and all examples I have ever tried have been set up well and intonate accurately. You simply get a lot more instrument for $200 than for $100, and then don't have to upgrade next year. Not to endorse, but Costco often has Kohala ukulele kits during the pre-Christmas season. For ~$100 you can get a concert uke, thin gig bag, and a clip-on tuner. They are not bad.
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