Valentino is a thirty-five-year old married male with four children living in Bundibugyo, Uganda. He deals in cocoa sales, selling it to one of the leading agents in the area, ESCO Uganda. He hopes to expand his business, have a very big cocoa store, and fetch high profits to cater for the education and well-being of his family. Valentino is faced with the problem of bad weather and seasonal changes. He intends to use the loan to buy cocoa 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.