Sarah deals in a produce business in Hoima, Uganda. She is a hardworking woman charged with a responsibility of taking care of three children between the ages of 20 and 25 years old, alongside three dependents. She started the business so as to educate her children. She earns side income from rentals and dreams of expanding her business into new market areas. However, seasonal changes and high transport costs affect her profits.
Sarah will use the money to buy more beans, nuts, and maize flour 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.