Emmanuel has requested a loan of 1,000,000 Uganda shillings to buy manures and fertilizers for coffee growing and carry out mulching, because he digs on hilly areas where soil erosion is taking place. This will enable him to realize much higher yields and revenue from the sales of his coffee. With the high yields and profits, he will be be in a position to provide for his family adequately. His dream is to start up a coffee processing plant in his region.
Emmanuel's main business challenge is inadequate manures and fertilizers to put on his crop. He looks forward to establishing a good relationship with UGAFODE since he plans to request a bigger loan in the near future.
More information about this loan
This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.
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Success!! The loan was 100% repaid