HOFOKAM Uganda
Cooperative Development Organisation
Implementing Partners and Organisations
HOFOKAM
Period of Implementation
January 2015 - December 2021
Geographic scope
Africa: Uganda
Budget
$ 188,187
€ 179 226
Donor(s)
Others: Own funding
Sector(s)
Banking & Financial Services, Rural Development, Social
Type of Activity
Budget support (Grants or Direct Financing), Governance and Organizational Strengthening, Institutional Building and Policy Dialogue, Training & Capacity Building
Summary
The MFI Hofokam is preparing for an important step: obtaining a licence to also mobilise savings. In the meantime Hofokam is taking a number of intermediate steps that are very much appreciated by the more than 15,000 customers. The possibility to pay mobile via Hofocash from now on is a success. The management team receives support from BRS in the field of IT, BCP, Risk management and product development. This programme is running in collaboration with Trias.
Project Objectives
Decentralisation of and agricultural finance for the microfinance institution Hofokam in cooperation with Trias.
Impact on SDGs
SDG1 - No Poverty
SDG5 - Gender Equality
SDG10 - Reduced Inequalities
Main Indicators
Transparency on products
Adapted financial products
Responsible pricing
Overindebtedness
Adapted financial products
Responsible pricing
Overindebtedness
Impact Measurement
Microfact Factstheet
Cerise SPI4 Audit report (social rating)
Cerise SPI4 Audit report (social rating)
Direct beneficiaries
Organisations: 1
Individuals: 12198
Local stakeholders
HOFOKAM