Denis is a 33-year-old married man with one child living in Kasese, Uganda. For six years he has been selling maize, and he also earns a salary from the government as a teacher. Like most good fathers he desires to educate his children up to university and to build a good residential house for them.
Price fluctuations and inadequate capital hinder his business growth, while his desire is to trade on wholesale. Denis intends to use the loan to buy maize 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.