John is a 57-year-old man with 10 children living in Fort Portal, Uganda. He practices agriculture and with the proceeds he has been able to earn enough money to build rental houses from which he earns a monthly income. Like most farmers he is faced with challenges of price fluctuation and unpredictable weather changes. His dream is to become a model farmer in the region. John intends to use the loan to buy fertilizer and pay workers who are weeding his garden.
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.