Rashid is a thirty-seven-year-old married man with four children living in Kyenjojo, Uganda. He has been dealing in buying and selling bananas for many years. He started the business because there is a lot of demand for food as there is famine in most parts of Uganda. His hardship is high transport costs and his vision is to become a market leader in food distribution. Rashid needs the loan to buy more bananas 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.