Innocent is a 25-year-old married man with a two-year-old child, and he lives in Kagadi, Uganda. He operates a produce business, which deals in maize, beans and groundnuts. He has been in business for a period of two years. The business is based in a rural area. He started it to enable him to earn a daily income to support his family. He says that he would like to build a permanent house for his family. Innocent intends to use the loan to buy maize and beans 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.