Gerald wants a loan of 1,000,000 shillings to be used in the weeding of his maize by paying workers as well as expanding his garden. His dream is to start growing on a large scale for commercial purposes so that he can realise good returns from the business.
However, Gerald is always challenged by the changing weather conditions, the seasonality of agriculture production as well the price fluctuations on the market.
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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