Joy currently faces a challenge of limited working capital, since most of her children have reached high school and the money withdrawn from the business to pay tuition now affects her capital. She has therefore applied for a loan of UGX 1,500,000 but is being granted only UGX 1,000,000 to buy cow dung to mulch her banana plantation. She will use the surplus to boost her working capital. She is hard-working and honest.
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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