Samuel is a 58-year-old married man with four children. He lives in Fort Portal, Uganda, where he grows bananas and also has eucalyptus trees. With the proceeds from his plantation, he has been able to start a poultry farm. He also earns extra income from the monthly pension he receives since retiring from government work. The high cost of feeds and bad weather affect his business. Nevertheless, his dream is to own at least 5,000 chicks. Samuel intends to use the loan to buy chicken feeds.
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.