Benard is 34 years old and lives in Hoima, Uganda. He's married with three children between the ages of one and nine, and two of them attend school. He buys and sells beans and maize and gets additional income from farming and a boda boda (transport) business. He started the business to generate income and improve his standard of living. He desires to build a residential house and educate his children.Weather fluctuations affect his business, and he will use the money to increase his stock of beans and maize.
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.