At 40 years old and married with four children, Steven is basically a farmer in a rural western district of Uganda. His is the only source of income for the family. He sells milk as well as ghee from cows to improve his family's welfare. He only has a small piece of land on which he is doing the grazing. This has affected his productivity in terms of yields of milk. Therefore, he wants to add on to his piece of land, so that his now malnourished cows can get more grazing grass. He hopes to get another loan and buy more cows so that he is able to make enough income to pay his children's school fees. He is very hardworking and a social member of the community.
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.