John says that he has a ready market for his chicken and eggs, but has inadequate capital to buy poultry feeds which are layers and boilers mash. Thus he is applying for a loan to solve this. Furthermore, he says he has plans to pay off his loan and apply for subsequent loans to make his poultry business sustainable.
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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