Banabas, age 28, lives in Hoima, Uganda. He is married with one child who is five months old. He is an electrician who has been in service for the last four years. Produce buying and selling supplements his income. He desires to expand his business although debtors affect his business as they take a long time to pay.
Banabas is acquiring credit to restock his supply of beans 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.