Mathedius is a forty two year old married male with four children and all go to school. He has been selling crude oil for five years working six days a week and twelve hours a day. He also has a monthly salary as additional income. Mathedius hopes to educate children however, bad weather and low salary are challenges being faced. Mathedius is a hardworking man and wants money to buy salt for resale.
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.