Lydia has a good banana plantation and a part-time business selling goats. With this loan, she wants to increase her purchase of goats, so as to increase her earnings and improve the livelihood of her family members. She also wants to pay school tuition for her children in better schools in the country. Her dreams are to become a regional goat dealer and buy her own transport van for her business to get to the market. She is always limited by capital, and yet, she has enough experience in her business. With this loan, she is sure that her stock will increase and she will also improve her banana plantation.
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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