Medard is a twenty-seven-year-old married man with two children living in Kasese, Uganda. He has been practicing agriculture for seven years and the sector is very lucrative since it is the major backbone of the economy. As agriculture is seasonal and cannot ably facilitate him to meet his day-to-day family expenses, he set up a retail shop. Price fluctuations and unpredictable seasonal weather changes are his major challenges; however, these not withstanding, he hopes to venture into modern farming methods, especially irrigating during the dry season. Medard is requesting a loan to buy fertilizer for his banana and coffee plantations.
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.