iCrowdNewswire - May 7, 2016
Kasifah is requesting a loan facility to buy more fresh food to sell. She is a very hardworking lady who is involved in buying and selling fresh food like bananas and sweet potatoes among others.
She has been in the business for around twenty-two years and she confesses that the business is very profitable as she uses the profits to diversify into farming. She is optimistic of growing and developing her business into a market stall, only to be limited by inadequate capital and high rental fees.
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.