Nicholas is a 27-year-old, married man with two children, living in Kagadi, Uganda. He operates a local brew business and has been in business for five years. In order to earn extra income, he decided to venture into a produce business, using the savings from the local brew business.
He dreams of building a permanent house for his family and buying a vehicle in the future, despite inadequate capital which affects his business growth.
Nicholas intends to use the loan to buy local brew 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.