Total loan: $825


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Kyotera, Central Region, Uganda / Agriculture

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

A loan helped to buy cattle for fattening to increase sales and generate income.

Yosam's story

Yosam is a 52-year-old married with three children. He is a permanent resident of Kabwasa, Kyotera district. He is one of Ugafode's loyal clients who has started and developed his business with the help of Ugafode's loans. He is an agriculturalist who works in cattle rearing and selling.

He buys cows from local herdsmen at a reduced price to rear, fatten and later sell at an increased price. He sells to a variety of people in different areas and regions so that he can maximize profits from all corners.

His main customers are abattoirs, hotels and restaurants. The current pandemic hit his business hard in that his stock got depleted and he had none left for business continuity. This left his business at a standstill.

Currently the lockdown has been partially eased and he is in need of funds to restock his business. For this reason he approached Ugafode for credit to buy cows in large quantities so that he can regain his financial stability and keep reinvesting in his business.

Thank you funders.