Dominic is a farmer based in Rutooma, a village in Mbarara district. He grew up with his grandparents, who were pastoralists. Because of a love for cattle, he started cattle farming at a very young age, with cows that he got as gifts from relatives. This project has grown, due to the ever-increasing demand for milk and beef in neighboring institutions like schools, health centers, and shops. However, his farm is not cleared, which puts his animals at risk of catching diseases from ticks. He has therefore decided to request a loan of 3,000,000 shillings (UGX), which he will use to clear his farm, so that his animals may not contract diseases from pests.
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.