100%

funded

Total loan: $825

John Tycoon

Flag of Uganda
Ishaka, Western Region, Uganda / Agriculture

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A loan helped to buy organic fertilisers for his tea plantation.


John Tycoon's story

John is a repeat client of UGAFODE MICROFINANCE LTD (MDI). He is 30 years old, married with 4 children who attend school. His main business is agriculture majoring in tea and banana growing. He also has a nursery bed for tea which brings in extra income through selling to seedlings to farmers. He started farming at a young age in 2012 because he had a free family land lying idle.

In a bid to improve his farming, he has applied for a loan of ugx3,000,000 from UGAFODE to buy organic fertilizers for his plantation, which will better the quality and quantity of his farm yields. John is hopeful that he will harvest good yields which will be sold at good prices, thus increasing his income. He is grateful for the continuous support from UGAFODE. He is described as a hardworking and honest man by his friends.