He has asked for this loan to buy some more cows. His clients are villagers that have contact with the cattle traders. He hopes to develop his plot in the Kabasanda trading center. His major challenge has been paying school fees for his many children, but he hopes to overcome that soon with the help of a loan boost from Ugafode. The photograph shows (right to left) Edward with the Ugafode credit officer, who is tapping the cow.
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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