Frank is a 34-year-old married man with four children living in Kagadi, Uganda. For twenty years he has been trading in produce, mainly maize and beans. He started by growing his own crops, then sold then and got capital to buy in bulk from other farmers.
His challenges include price fluctuation and inflation which erodes most of the profits. His dreams are to build a permanent house for residence as they are currently living in a mud-wattled house and setting up a food store that can sustainably supply his customers all year round.
Frank is requesting a loan to buy maize and beans to sell.
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.