William is a 55-year-old married man with seven children, living in Kyenjojo, Uganda. He has been in business raising cattle for 15 years in the rural part of Kyenjojo. He obtains additional income from selling local brew. He started his business to obtain more income to educate his children and build a decent home. Limited finances and price fluctuations affect the growth of his business. His dream is to buy more land and expand his farm. William is applying for a loan to expand the farm by buying land and cows.
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.