Total loan: $1,200
Kyotera, Central Region, Uganda / Agriculture
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Viana's loan finished fundraising,
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A loan helped To buy cows for fattening and reselling, as well as to add stock to his retail shop.
Viana is a 23-year-old man with a wife. He is a businessman with two retail shops and a pool table in his trading center, something which he boasts about because this is a great achievement in his life due to the benefits he has so far achieved through his retail shops. Alongside retail shops, Viana also does cattle fattening in the nearby village, which is also under his supervision, and he has diversified his sources of income by selling milk from the cows, as well as trading cows in weekly markets in his home area. Viana has sought this loan in order to acquire some cows for fattening and also to add more stock to his retail shop. His main problems are the price fluctuation of cows and the high operation costs of running a shop, as well as high electricity bills. He appreciates the work done by UGAFODE, especially making it easy for him get access to financial support in the form of a loan and he wishes interest rates could be reduced.