Annet is a twenty-nine year old business woman living in Bundibugyo, Uganda. She only has one child who is four months old. She has a retail shop where she earns a living and has been in the business since 2009.
Her dream is to become a big entrepreneur in this area though her challenge is being the only income earner. Annet has to cater to all the family's needs, yet she does not have a stable income.
Annet will use the loan to buy soap, drinking water, bread and juice 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.