Laulencio is a farmer who grows maize and vegetables. He has been in this business since 1974 and works six days a week, ten hours per day as an indication of his hard work. Laulencio started this business due to passion for growing vegetables and availability of land.
He needs this loan to buy fertilizers and pesticides for his crops. He sells his products to traders in the city.
Laulencio's dream is to expand his agriculture activities so that he can produce large quantities of food, and he wishes to build a modern house for his family.
His main challenges are unpredictable weather conditions and lack of enough capital to buy fertilizers and pesticides. He describes himself as honest and hard working man.
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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Success!! The loan was 100% repaid