Alex is 32 years old, married, and has four children. He lives in Masindi. Uganda. He is a carpenter who is gifted with art but also trades in agricultural produce for additional income.
Alex is requesting a loan, which he will use to buy produce such as maize to sell. Customers not paying on time and inadequate capital affect his businesses. He dreams of educating his children up to the university level and owning a food store and a workshop in town.
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.