Jane is forty-one years old and a divorced woman. She has five children, and she lives in Kasese, Uganda. She sells cassava flour, and she also has a motorcycle for a transport business. The hired rider of the motorcycle remits to her 80% of the daily earnings from its use. She hopes to expand her business and own a food store in the town center, despite a lack of capital. Jane intends to use this loan to buy more cassava flour to resell.
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.