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Total loan: $575
Jinja, Eastern Region, Uganda / Food
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Julius's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped him buy more corn to sell.
Julius is 35 years old, single, and lives in the town of Jinja. His main source of income comes from selling maize. He usually buys corn from local farmers at relatively low prices and supplies it to factories for a profit. He recently got an order to supply a factory but his stock is less that the factory needs. He has applied for a loan of ugx2,000,000 from UGAFODE to increase his supplies so he can fill this order on time. Julius is optimistic that this deal will bring in a huge profit, which he intends to re-invest in his business to increase his working capital. He is grateful for the support of Kiva lenders, because this will boost his business.