Nelson is a sixty-one-year old married man with three children living in Fort Portal, Uganda. He has been farming since 1976 and has been able to educate his children, although he is faced with the challenge of unpredictable changes in the weather. His dreams are to build a residential house and to venture into modern farming. Nelson will use the loan to improve his banana farm by buying fertilizers and mulch.
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.