David wants a loan of 3,000,000 UGX to buy more cows for rearing as well as improving on the sugarcane and banana plantation. He is always challenged by the changing weather conditions that affect his agricultural business.
David's dream is to educate his children up to higher institutions of learning and help him in the future. He also hopes to buy a machine which will help him add value to his sugarcane, for example brewing it into local gin. But his wish is to see the lender availing him with financial services to have his dream come true.
In the photo, the second person to the left is the Ugafode officer.
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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Success!! The loan was 100% repaid