In addition to the tea growing business, he also grows pineapples and bananas which are his other sources of income. His clients are mainly the Igara tea factory and tea traders in the area. He hopes to use the loan money of one million UGX (1,000,000) to buy fertilizers for his tea plantation. He hopes that the tea plantation will expand with time and the harvest and sales will increase and hence increase profits. His major challenge is unfavorable weather conditions which negatively affect the quantity harvested.
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.
235View loans »