Total loan: $825
Ishaka, Western Region, Uganda / Agriculture
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A loan helped To rent a shamba to grow tea.
Godfrey is a tea farmer and is a repeat customer whose previous loan was repaid well. He owns a banana plantation which gives him additional income in a given period. He started the business with a motive of earning income to cater to the needs of his family so that the family members can lead better lives. His major clients are owners of tea factories in Bushenyi where he sells his tea. He would like to use the loan money amounting to 2,000,000 UGX to rent out a shamba where he can grow tea and get profits. Godfrey’s future dream is to have many shambas and hence, big harvests which would result into big profits which he would use to cater to the needs of his family. His major challenges are hailstorms which negatively affect his tea gardens by reducing the income that he would have otherwise got in a given period.