Mariam deals in poultry farming in order to increase her daily income. She started rearing chickens in 2010. Mariam’s major clients are restaurants, hotels, and neighbors in surrounding areas.
She has the challenge of inadequate capital to help her grow her business and even help her meet operational expenses, like treatments, feed, and labor, in addition to fluctuating poultry feed prices, high prices for the chicks from breeders, inflation in the market, and weather changes.
She requested a loan to help her improve her business by acquiring more birds and poultry feed such that she is able to increase her earnings and compete in the market.
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