Simplisio is a 27-year-old married man with two children living in Kasese. To supplement his agricultural income, he sells beans and has been in business for 13 years. He mainly supplies the beans to schools, which buy in bulk. Like most good fathers, Monday's desire is to see his children graduate with degrees. He would also like to build a permanent house as the family currently lives in a mud-wattled dwelling.
Price fluctuations and unpredictable weather changes are Monday's major challenges. His dream is to own a food store and venture into commercialized agriculture. He intends to use this loan to buy beans 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.