Hope is a 40-year-old hardworking single mother of two children living in Fort Portal, Uganda. She has a tea plantation alongside a business selling coffee husks and cocoa chaff. She began the business to employ herself and also raise school fees for her children. Her dreams are to expand her plantation and to set up a retail shop to meet her family daily expenses and overcome challenges of bad weather and inadequate capital. Hope intends to use the loan to buy fertilizer and to pay her workers.
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.