Edward is a 45-year-old married man with seven children who lives in Kyenjojo, Uganda. For the last six years, he has earned a living by selling a local drink he brews and by farming. His main challenges are the lack of a good machine to crush sugar cane, inadequate capital to buy raw materials to make his local brew and customers who do not pay their bills on time. His personal goals are educating his children up to the university level, building a home and expanding his business into new areas. Edward is requesting a loan to buy more local brew 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.