He started his business of piggery in 2001 as a way to earn an income, support his family and educate his children as well as his late brother’s orphans.
He has managed this business for a long time due to the experience he acquired while he was still living with his father in the village. The business has helped him take care of his family needs and improve his life's living quality.
Acleston has a dream of expanding his small farm to a medium sized farm in the future so that he can increase his income and productivity on a large scale, since the market is wide. He therefore took the money to finish up his house so that he can be able to reduce his expense for renting.
His major challenge is inadequate capital to expand and at the same time buy feed, more pigs to increase their number on his farm and meet the family's needs.
His neighbors commend Acleston as very hardworking, determined and a dedicated ambitious farmer.
More information about this loan
This loan is part of UGAFODE”s Micro Mortgage Loan program. Many of these clients are currently renting and these loans allow them to own their home and provide for their families. This may be their first home, or renovation to homes not fit for habitation. By building and renovating, borrowers who utilize these loans have improved health and safety through a stronger structure and better protection from the elements. UGAFODE offers these loans to cover essential costs like labour and material so borrowers can provide adequate shelter and sanitation facilities for their families.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid