Funded

Total loan: $425
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Paul

Uganda
Masindi, Uganda / Agriculture

A loan of $425 helped to hire employees to weed and harvest his crops.


Paul's story

Paul wants a loan to help weed and harvest his crops. He is aged 53 and lives in Masindi, Uganda. He is married and charged with a responsibility of taking care of eight children. He is a farmer who started as a subsistence farmer and now has around four acres of land where he practices mixed farming. Price fluctuations and inflation, inadequate capital, and seasonality hinder his business. He desires to educate his children, build a permanent home and buy a car. He hopes to diversify his business to include cattle keeping and to hire employees to expand his business.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: May 24, 2012
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: May 24, 2012
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services