Omuhereza is a 41-year-old married man with eight children, who lives in Kyenjojo, Uganda. He has been working in local brew distillation but also buying it from others for 12 years. He earns additional income from a retail shop dealing in general household items. Omuhereza started his business to take advantage of a vast and ready market available to him and has since reaped tangible benefits. His aim is earn more income in order to educate his children and build a permanent house, while his business plan is to expand his sugarcane farm to a large estate since he uses sugarcane as a raw material for his local brew. Omuhereza intends to use this loan to buy local brew 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.