Age 53, Peninah is a married lady with five children who resides in Kagadi, Uganda. She operates a produce business where she sells beans and ground nuts. She has run this business for seven years now. She also farms to supplement her income. Her dream is to build a permanent house for her family despite having inadequate capital. Peninah is requesting a loan to buy beans and ground nuts 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.