Julius wants a loan of 2,000,000 (two million shillings) to buy more maize for sell and also put some percentage into maintenance of his banana plantation. The major challenge Julius and other farmers in the village face is the changing weather conditions as well as price fluctuation of agricultural produce on the market. He would like the lenders to provide him with funds so that he can build a store for safe custody of his agricultural produce during the harvest season. He is a hard working and creative man.
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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