Micheal, age 64, is requesting a loan to buy more assorted drinks like beer to sell. He lives in Hoima, Uganda and used his savings from civil service to open up a lodge and pool business to supplement his income. He faces the difficulty of high transportation costs from the beer depot to his selling point. Micheal desires to see his children graduate so that they can be self-dependent.
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.