Protazio has been in the barkcloth trade for the last 20 years. He has experience of the business and recognizes good barkcloth, since they used to wear it when he was young. He also doubles as a piggery farmer with a project that houses over eight pigs. He describes a challenge of swine flu that attacked the project, killing some of his pigs and retarding his project.
He says he has managed to take care of his family and grandchildren from the income received from the barkcloth trade. He hopes to use the facility extended to him to buy more barkcloth for trade and also to put up more structures for his piggery project.
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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