Scovia is a 37-year-old woman who lives in Kagadi, Uganda. She has four children.
For ten years now, Scovia has been selling electronics. She used her personal savings to start the business. Inadequate capital to meet the increasing demand is her main challenge. Her dreams are to educate her children up to the university and to diversify her business to include solar supplies.
Scovia intends to use the loan to buy electronics 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.