Update on NelsonNelson used the previous loan to buy general merchandise, such as cooking oil, washing detergents, and sugar to sell. In addition to retail, he has embarked on tea farming to sustain his family. Much as he needs a loan to buy inputs for his tea plantation, he also needs a loan to hire a block of tea to enable him to increase output, leading to increased income and profits as well. He dreams of having a large established tea plantation to become one of the major tea suppliers despite the challenge of the ever-changing weather.
Previous Loan DetailsNelson is a hard-working man with sx children living in Fort Portal, Uganda. He operates a retail shop and also grows tea in order to support his family. Unpredictable weather changes and price fluctuations are his major challenges, while his dream is to own a wholesale shop. Nelson is re... More from Nelson's previous loan »
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Concurrent and Successive Loans
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- Repayment Term
- 10 months (Additional Information)
- Repayment Schedule
- Jun 19, 2014
- Jul 4, 2014
- Currency Exchange Loss:
- Mar 17, 2015