Shem is a 59-year-old married man with eight children living in Bundibugyo, Uganda. He has been a farmer for over ten years. He is mainly challenged by seasonal changes in the area. His personal goal is educating his children while his business goal is hiring employees to help expand business. He intends to use this loan facility to purchase farm inputs such as manure.
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.