John is a thirty-four-year old man who lives in Hoima, Uganda. He is married and charged with the responsibility of taking care of three children; two of them attend school. He works six days a week and started his business in 2008 so as to improve his standard of living.
He hopes to expand his business, though price fluctuations and weather changes hinder his business. John is acquiring a loan to buy beans and maize 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.