He hopes to use this facility to buy Freisian bulls for cross breeding for better yields. He will then be able to pay for further studies for his six children.
Daudah confesses that his main challenge dealing with cattle and livestock is diseases like foot and mouth disease, as well as droughts that have run on for over eight months. However he is happy to have acquired six hectares of land which is now an extension of his grazing land.
In the photograph is Daudah at his homestead. He is standing in the middle on the right is the loan officer and on the left is his wife.
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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Success!! The loan was 100% repaid