Robert is a 27-year-old hardworking man living in Hoima, Uganda. He operates a general merchandise shop. With the proceeds, he has been able to pay school fees for his children. He is a good father and desires to send his children to university.
Robert would like to set up other sustainable income generating activities such as rental houses. Price fluctuations and high license fees limit his net profits. Robert's dream is to trade in wholesale. He intends to use the loan to buy salt, sugar, and match boxes 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.