Grace is in the bar business in Hoima, Uganda. She is a single mother of four children and charged with a responsibility of taking care of her family. Grace started business in 2009 to meet her daily needs being the only bread winner. She has a dream of expanding her business although she complains of competition and inadequate capital which hinders her business.
Grace will use the money to buy soft drinks and beer for selling.
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.