Ignatius is a forty-six-year-old married man with four children living in Hioma, Uganda. He has a poultry project, where he rears broilers and layers. He also gets additional income from his salary and farming.
As a good father, he desires to educate his children up to university level, and to set up sustainable income generating activities such as rental houses. High cost of feeds and limited capital affect his business profits, but his desire is to own at least 10,000 birds by the end of the year.
Ignatius intends to use the loan to buy chicks for rearing.
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.