She applied for loan of ugx.3,000,000. She has a good banana plantation, and she wants to buy mulching materials to improve it. She will also take her children to better schools with the loan she gets.
Her dream is to see her plantation yield more bananas, locally called "matooke". She would also want to buy her own transport van for ferrying the bananas to the market which she hopes to do with the help of the loan facilitation in the near future though she is still limited by capital, yet she has enough experience in her business.
With this loan she is hopeful that her banana plantation will get a better yield and therefore increase the profits.
Clare and the loan officer appear in the photograph.
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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