Bonney’s farm is generally profitable and the market for his animals(pigs) is favourable. But he has not been able to really benefit from his work, as the farm requires a lot of money to buy feeds for his pigs and chicks to ensure they are of good quality.
Therefore Bonney is applying for a 3,000,000 UGX loan through UGAFODE to buy feed for his animals. He desires to benefit from a large market for his pigs and poultry and enjoy bigger profits.
Rubaga Road is one of the UGAFODE branches within Kampala city.
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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