Caleb is a 26-year-old ambitious man living in Kagadi, Uganda. Due to his desire to become self-employed he set up a nursery school because he never wanted to roam around the streets looking for jobs with the current unemployment levels in the country.
His major challenge is inadequate capital to provide all the facilities he needs for the school while his dream is to have a model school in the district. Caleb intends to use the loan to buy land to expand the school since the enrollment increases every year.
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.