She planted maize and harvested over 30 bags that she wants to take to the mill, but has no money to pay for it. Therefore, the purpose of the loan is to facilitate the process of taking the maize for milling and also to pay for veterinary services for her two cows.
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