Yafesi is dealing with banana wilt, which is damaging his trees. He is applying for a 2,000,000 UGX loan through UGAFODE to hire laborers to uproot the infected trees and then replace them with new banana plants. He believes this will solve his problem once and for all.
Yafesi is grateful to UGAFODE for giving him a second chance with his plantation. With this loan he will be able to increase his yields and income so as to meet his family’s needs.
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