Funded

Total loan: $600
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Silas Mczato

Uganda
Ibanda, Uganda / Property

A loan of $600 helped to purchase more land to expand his farm.


Silas Mczato's story

Silas, 48 years old, is a resolute, prolific and good-natured farmer, who plys his business in the food basket Western Ugandan district of Ibanda. He is a happily married father of 8 good-humored kids, and says he has been pulling out all the stops to ensure the sustainable growth of his business. He mostly grows cash crops such as coffee, bananas, cassava and beans, etc. Hard work, he says, made his business stand in a good and supportive stead.

He hastens to add that season in, season out, it has not been all rosy and good spells. The dry and often long drawn out seasons, by and large, have been seasons of stagnation. His unwavering purposefulness, perseverance and tenaciousness have in many respects been the bedrock of his growing success. Thus far, this business generates him income to the tune of about Ugandan shillings 350,000 per month.

On the side, Silas also banks on income from milk and food sales. He says he intends to use his loan to purchase more land to expand his farm. He plans on growing more coffee and bananas. The lady with him in the picture is his wife.


Loan details

Loan length:

14 months
Disbursed date: November 8, 2011
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 8, 2011
Facilitated by Field Partner: Pearl Microfinance Limited