Emilio is a 49-year-old married man with seven children living in Kasese, Uganda. He has been operating a drug shop business for 20 years. He started the business after realizing that his meager salary could hardly meet his family's basic needs.
High license fees and inadequate capital to meet the overwhelming demand for drugs pose a challenge to his business growth, while his dream is to set up a community hospital. He also desires to educate his children up to university. Emilio is requesting for a loan to buy drugs 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.