David, a 27-year-old, hardworking married man, lives in Kyenjojo, Uganda, with his three children aged 6, 4 and 2. For the past year, he has been in the transport business as a motorcycle driver, working to help meet his family's basic needs. It is a challenging job, thanks to poor roads (especially in the rainy season, when they become almost impassable) coupled with high fuel and transportation costs.
David has a personal goal of building a permanent house and venturing into agriculture. He is requesting this loan so he can buy land for both cultivation and construction purposes.
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.