He hopes to use the loan advanced to him to buy seeds for the coming rains and to prepare farmlands for propagation. In the future, he hopes to open up a small retail shop in his locality, a dream that he can realize through UGAFODE.
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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