Ason's clients are the nearby people who buy milk from his farm, to use in the production of milk products like ghee butter, and manure for their banana plantations, since most of his neighbors are farmers. He hopes that if he gets financial assistance he will start processing a large stock of composed manure, which he can sell to earn some income. He also intends to buy more dairy cows to produce more milk and milk products, because he also plans to buy milking machines in the near future.
Ason's challenges include animal diseases and the existence of some local breeds on his farm which do not yield much in terms of milk production. His wish is to get support from willing organizations so as to expand his farm. He also has plans of producing biogas.
More information about this loan
This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.
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