He wants a loan of 1,000,000 shillings to add to his egg business and be in a position to increase the income for the family, and also meet the increasing demand for the eggs.
John's major challenges are the business of eggs being delicate to handle and the limited capital compared to the demand. He hopes to buy a vehicle for transporting the eggs, using the proceeds from the business as it is growing.
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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