Institutional Background of Hofokam Limited
Incorporated in 2012 as a company limited by shares under registration number 59088, Hofokam Ltd is a Non-deposit taking Microfinance Institution founded by the Catholic Dioceses of Hoima, Fort Portal and Kasese. The Company is annually issued a license by Uganda Microfinance Regulatory Authority (UMRA).
Prior to transformation into a company limited by shares in 2012, Hofokam operated as a company limited by guarantee from 2003 to 2011 and has continued to operate with Headquarters at Plot 21 Lugard Road, Fort Portal Tourism City.
At its founding in 2003, Hofokam evolved from a merger of three Diocesan Microfinance Programmes in the respective Dioceses of Hoima, Fort Portal and Kasese that had been established and subsisted for more than ten years. The Microfinance programmes had been established with funding and technical support from Catholic Relief Services (CRS), Trocaire, European Union, USAID and Mercy Works.
Vision Statement
“To be the preferred partner of vibrant and economically empowered households in Uganda”
Mission Statement
“To provide quality and competitive financial services to households to enable them realise their goals”
Core-Values of Hofokam Ltd
The adopted value system of Hofokam is denoted by the acronym – CITAR and elaborated as follows: