Lenard is a 35-year-old man living in Fort Portal, Uganda. He is a farmer who grows a variety of foods which he sells to the local market. Like most farmers he is challenged by unpredictable weather changes and price fluctuation, both of which affect his projected yields. He has a business plan to venture into modern farming, and dreams of building rental houses and educating his children up to the university level. Lenard intends to use the loan to buy seedlings and pay labor.
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.