Total loan: $650


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Bundibugyo, Western Region, Uganda / Agriculture

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A loan helped to buy more cocoa to sell.

Stephen's story

Stephen is in need of a loan to buy more cocoa to sell. He is married and a father of five children who live in Bundibugyo, Uganda. He is involved in buying and selling of cocoa as the primary business and gets additional income from cocoa growing. Stephen also grows and sells foodstuffs like maize, cassava, and beans among others to get more income for the family.

He works hard and has plans of educating his children, buying land and expanding his cocoa growing to increase his income. His main challenges are price instability, expensive labor, theft and inadequate capital for business expansion. He needs a loan for capital addition through renting of cocoa gardens to harvest and sell to cocoa companies.