John is a thirty-one-year-old married man with two children, aged 12 and 4, living in Bundibugyo, Uganda. In order to provide basics to his family, he started a clothing shop and the business has been very profitable. He desires to educate his children up to the university. Price fluctuations and the ever-changing customer preferences affect the business while his desire is to own a modern boutique. John intends to use the loan to buy clothes 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.