Ruth is a 37-year-old hardworking mother to three children living in Kagadi, Uganda. She owns a bar and retail shop where she sells sodas, beer and general merchandise. She has been in this business for six years, and she supplements it with income from making local brew and from the sitting allowances as a women councilor. She dreams of educating her children up to the university and owning a hotel.
Ruth intends to use the loan to buy beer and soda 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.