Rashid is a 35-year-old married man with three children, living in Kyenjojo, Uganda. He grows and also trades in bananas. With the proceeds he has been able to venture into cereals. He supplies bananas to urban centers despite challenges of inadequate capital to meet the vast market. He has a dream of building a permanent house for his residence and acquiring a vehicle for easy transportation. Rashid is requesting a loan to buy bananas and cereals 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.