Margret is a 40-year-old, hard-working woman, with three children, living in Fort Portal, Uganda.
She operates a clothes business, but also earns extra income on a monthly basis from rental houses. Ever-changing customer preferences and inadequate capital affects the business growth, while her dream is to have a modern boutique and to construct on her plot of land.
Margret 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.