Fred, aged 36, is a married man with four children, living in Kagadi, Uganda. He operates a local brew business and has been in business for twelve years now. He also has a piggery project and a produce business in order to increase on his income source. He dreams of building a permanent house for his family and educating them to attain degrees as minimum qualification despite challenges of inadequate capital.
Fred intends to use the loan to buy local brew 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.