Zavuga has applied for a loan of 1,500,000 Ugandan shillings. The purpose of this loan is to buy mulch, pesticides and fuel to run the generator used in pumping water for irrigation. The returns will help Zavuga solve his immediate needs, like tuition for his siblings as well as food and clothing.
Zavuga faces challenges like pest management and changes in weather patterns, which force him to source water, which is very costly since he does not have enough capital. He hopes, in future, to be in a position to buy more land to expand his business and increase his output.
More information about this loan
This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.
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Success!! The loan was 100% repaid