Johnson has requested a loan to buy a piece of a forest where he will get firewood for burning charcoal. He has future aspirations of acquiring a machine for quicker tree cutting. Johnson is hopeful that his future will be bright.
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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