Total loan: $2,450

Muzinga United Farmers Group

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Ishaka, Western Region, Uganda / Services

Muzinga United Farmers Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy coffee for trade.

Muzinga United Farmers Group's story

FRED is a client of UGAFODE MICROFINCE LIMITED (MDI. He is a member of MUZINGA UNITED FARMERS located in Muzinga, Mitooma district. The group has members that have agreed to come together in order to access a financial facility from the institution for personal development and sustainability.

FRED, a member is 31 years of age and he is married with 3 children aged 6, 4 and 2 years respectively and two are school going.
It is the 2nd time he is acquiring a loan from the institution through the group.

His main business is coffee trading, which he deals in from the area of Muzinga-mittooma district. He started his business in 2010; his main clients are mainly people around Muzinga and Bitereko. When he gets the money, he will use to buy more coffee. He started his business to earn income to improve his family's livelihood and to educate his children so that they can be well in future.
His main challenge is limited capital and competition in business. He is very honest and shrewd in business.
The extra lady second left is the secretary of the group who is saving.