She applied for a loan of UGX 2,000,000 (two million shillings) to improve her passion fruit garden by buying pesticides and paying her laborers.
Goreth has four children and all of them go to school. Apart from growing passion fruits, Goreth also grows tomatoes. She works six days a week and most of her customers come from Kampala, where the demand for passion fruit is high. Also, local people, schools, and hospitals are her daily customers. Goreth has been doing this for the last two years and has been able to take care of and educate her siblings.
With this loan, Goreth hopes she will be able to improve upon the quantity and quality of passion fruits produced. This will, in turn, help her to raise money to pay back the loan and, later, buy more land, so that she can expand her business.
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