He hopes to get enough money from the business to pay school dues for his children and they will hence get quality education. His main challenge is the unpredictable fish season, since this causes price fluctuations and hence affects his income. He describes himself as a shrewd and honest businessman, which attributes have helped him carry on the business for this long.
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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