100%

funded

Total loan: $850

Colnelius

Ishaka, Western Region, Uganda / Agriculture

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


A loan helped purchase organic fertilizer.


Colnelius's story

Colnelius is a repeat client of UGAFODE Microfinance Ltd (MDI). It is his second loan with UGAFODE. He is 32 years of age and single, but looks after his siblings. He anticipates to start a family soon.

His main business is agriculture, especially banana plantation farming done in the rural area of Kigoma, Nyabubare,Bushenyi district. He also deals in the cattle trade, where he earns an extra income. He started his business in 2013.

He works for 10 hours and 6 days a week. When he gets the loan, he will use it to buy fertilizer for his banana plantation, which will improve his yields.

His main clients are mainly people from Bushenyi, especially those involved in the hotel business and for home consumption.

He hopes to improve his agricultural business and cattle business if he gets more capital.

His main challenge is limited capital,banana wilt disease and the recent weather vagaries.

Colnelius is honest and hardworking.