100%

funded

Total loan: $550

Eric

Flag of Uganda
Sembabule, Central Region, Uganda / Agriculture

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A loan helped to buy organic fertilizers for his coffee plantation to give him good yields.


Eric's story

Eric is a married man with four children. He is a coffee farmer who lives in Sembabule district. He has been in the business for 10 years now and it has been his sole source of income.

In a bid to improve the quality and quantity of his farm yields, he has applied for a loan of 2,000,000 UGX from UGAFODE to buy organic fertilizers for his coffee plantation. He is optimistic that he will harvest good yields, which will attract competitive prices, thereby increasing his earnings.

Eric appreciates the lenders for the financial support that will boost his business, thereby enabling him to take care of his family. However, the unpredictable price fluctuation is a challenge to him and other farmers at large.