Richard is an ambitious married man with four children living in Fort Portal, Uganda. He is an agriculturalist, but also sells milk to meet the daily expenses of his family. Richard has been in business for eight years and with the proceeds he has been able to pay school fees for his children.
Richard's personal goal is to build a permanent house for residence while business goal is to own a dairy farm and modernize his farming activities. Richard intends to use the loan to buy seedlings for planting.
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.