Kennedy lives in Masindi, Uganda. He sells produce alongside farming to supplement his income. Kennedy started the business to cater for his family's needs. His family dreams are educating his children and providing them with all the basic needs. However, he faces a challenge of inadequate capital to purchase stock, and poor roads that make transportation of produce to his store difficult.
Kennedy intends to use the loan to buy produce.
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.