He has a stock of local brew at a local trading center which is a distribution point to neighboring areas and towns. His major challenges has been lack of capital and supply fluctuations, leading to failure to meet customers’ demands. He hopes that with this loan facility, he will be able to meet his customers’ demands and raise enough income to sustain himself and his family.
He appreciates the role UGAFODE Microfinance Limited (MDI) is playing in boosting incomes of the local people.
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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