She applied for a loan of 800,000 UGX to buy manure and to hire labor to work on the banana plantation. She also wants to plant tomatoes since it's planting season.
Nice wants to increase production which will increase her earnings. She needs to pay school fees for the children who are in school.
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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