Abdulnuru is a 22-year-old married man and a father to three children. He owns retail shop where he sells cosmetics and general merchandise. A resident of Kagadi, Uganda, he has been in this business for two years. He also does farming to supplement his business. He is currently building a residential house for his family despite the challenge of inadequate capital. Abdulnuru is requesting for a loan to buy cosmetics 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.