Angelika is a 42-year-old married woman with five children living in Kagadi, Uganda. She operates a produce business where she sells beans and groundnuts, a business she has run for five years now. She also does farming and raises poultry to supplement her income. Her dream is to buy a plot of land and a motorcycle despite inadequate capital that is affecting her business growth. Angelika intends to use the loan to buy beans and groundnuts 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.