William is a forty three year old married man with six children living in Kasese, Uganda. He has been in the cassava milling business for three years and with the proceeds he has been able to buy land and pay school fees for his children. He also has tree nursery beds and he supplies the tree seedlings to farmers around the area.
William's family goal is to educate his children, while his business plans are to buy land to plant more trees and to diversify his business to be able to mill other cereals like beans and maize. William is requesting a loan to buy cassava 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.
This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.