Patrick is 20 years old and married, and he lives in Kamwenge, Uganda.
His main business is produce, but he also owns a phone-charging shop in order to earn additional income.
He has hardships of price fluctuations and seasonal changes that affect dealers in produce, especially when they tend to do hoarding and also they sell raw materials which are bought at a low price. However, his vision is to educate his children to higher levels and to own a wholesale produce store.
Patrick intends to use the requested loan to buy more coffee, beans, and maize 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.