Richard is a 28-year-old married man with two children; he is living in Fort Portal, Uganda. He deals in transport and farming, growing matooke. He faces challenges of competition, bad roads and increased fuel prices. However, he has hopes of having a bigger vehicle for transport, like a lorry or tipper.
Richard needs a loan to buy tires, a gear box, and the general repair of his vehicle.
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.