Sharif is a 30-year-old married man with four children. He owns a retail shop in a rural area. He started his business to earn a living and his major clients are the general public. He gets additional income from farming.
He wants a loan to buy general merchandise such as Vaseline, drinks and soap to sell. His future hope is to construct a permanent house for his family, although he is faced with the difficulty of price fluctuations.
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.