Alfred is a 35-year-old married man with four children living in Kagadi, Uganda. He runs a retail business which has been in operation for a period of two years. He does agriculture from which he earns income to supplement the income from the business he runs. He would like to complete the commercial building which he started and own a wholesale shop despite inadequate capital. John intends to use the loan to buy water, sugar and salt 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.