Saverino is a forty-eight-year-old married man with eight children living in Kasese, Uganda. He has been dealing in agriculture for eleven years and works ten hours a day. After realizing that the only lucrative business is agriculture, he decided to buy land and venture into working it and has since reaped tangible benefits. Like most farmers he has challenges of unpredictable seasonal weather changes and has recently been affected by the banana wilt disease devastating his plantation.
His dreams are to educate his children and rehabilitate his banana plantation by cutting down the affected plants and planting new banana stems. Saverino intends to use the loan facility to rehabilitate his banana plantation.
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.