Monica is applying for a loan of UGX 3,000,000 to buy more dairy cows to increase her milk production. She will also buy drugs for her sick cows.
Her major challenge is the dry season, which leads to inadequate grass to feed her animals, lack of water, and the resulting decrease in milk production.
Her dream is to own a milk cooling plant in her region and also to see her children graduating from the University.
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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