100%

funded

Total loan: $825

Ambrose

Flag of Uganda
Lira, Northern Region, Uganda / Agriculture

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A loan helped to buy agro-produce for sale to increase his income for educating his children.


Ambrose's story

Ambrose, aged 32, is married with four children, with some in school. He trades in agro-produce, such as rice, coffee, and maize, as his main source of income. With this business, he is able to look after his family and other dependents.

His business has grown over the years with an increasing clientele, which has created a supply deficit. In order to meet the demand, he has applied for a loan of 3,000,000 UGX from UGAFODE to buy more agro-produce to sell. He is hopeful that with his increased stock, his sales will accelerate, thereby increasing his income.

Ambrose appreciates the lenders for the support that will transform him economically, as well as improve his family's standard of living.