Patrick is a 47-year-old married man with ten children and out of them seven attend school in Kyenjojo, Uganda. He generates income from goat rearing alongside selling agricultural produce, a business he has had for eight years. He has the challenge of inadequate capital to meet the customers’ demands, while his personal goals are educating his children and building a residential home as well as a business goal of expanding his business to become a ranch. Patrick wants a loan to buy goats for rearing and after sometime to sell them.
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.