Godfrey is a sixty-two year old married male with six children of which four attend school. Godfrey is a farmer who also sells milk for additional income. He works eight hours a day. Godfrey began the business to look after his family. Educating children is his dream. He faces a difficulty of high transportation costs and thieves. Godfrey intends to use the loan to pay for fertilizers, pesticides, weeding, and planting.
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.