John is 31 years old, and is a father to three children aged between 8 and 2.
He owns a retail business in Kagadi, Uganda where he sells general merchandise. He has been in this business for five years, and in addition to his retail shop, John carries out farming to supplement his earnings.
John plans to build a good residential house for his family. Inadequate capital is a major challenge to his business. His dream is to own a wholesale shop. John intends to use the loan to buy sugar, water and other general merchandise 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.