Henry is a 38-year-old married man with six children living in Kasese, Uganda. Fifteen years ago, he decided to set up a butcher shop after accessing the market in the area. He also sells hides and skins to supplement his income. The high cost of cows and transportation affect his business profits while he has visions of owning a ranch. Henry intends to buy cows for his butcher shop.
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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.