He acquired a loan amount of UGX 3,000,000 for buying coffee to sell. John buys coffee from fellow village mates in its raw form and takes it to the processing machine, a business he started in 2005 after failing to get school fees. From this background he believes in working hard so that his children can get fully educated and meet their basic needs.
He hopes to expand his business in order to overcome the challenges of inadequacy in the family. He hopes to build a permanent house after this loan so as to appear decent and forget about the current challenges.
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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