Tadeo is a 38-year-old married man with four children, living in Kagadi Uganda. He operates a retail business which he started with savings from agriculture.
He began this business to improve his standard of living. Tadeo would like to expand his business, and start a new business of motorcycle transport. He intends to use the loan to buy sodas, sugar, and salt to sell.
He dreams of constructing a good residential house, and educating his children to attain degrees as a minimum qualification.
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.