Edina is a 37-year-old married woman with eight children living in Kasese, Uganda. She has been in a retail business for five years and with the proceeds, she has been able to pay school fees for her children. She hopes to educate her children to higher levels of learning and to grow her business into a wholesale shop. However, bad debts and lack of enough capital are big challenges. Edina will use the loan to buy rice, maize and beans 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.