Rukoola Kbc Listener's Club Group
Lovina is a produce dealer and she has been doing this since 2002 as her major source of income. She is also engaged in farming and has a maize milling machine that supplements their family income.
Lovina has approached Ugafode for loan of UGX.1,000,000 to invest in the produce business since the season is now on.
Her main challenges include limited capital to invest in her business and a bad road network that affects her ability to transport her merchandise on time.
Her dream is to buy a motorcycle that can help her in the transportation of her products to market areas. She thus needs funding so that her business can go on well. She commended Ugafode for promoting people's business and welfare.
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.
This is a Group Loan
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Success!! The loan was 100% repaid