Funded

Total loan: $625
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Spencer

Uganda
Hoima, Uganda / Cereals

A loan of $625 helped to buy maize to sell.


Spencer's story

Spencer used the previous loan to purchase maize to sell. He is 39 years old and married with three children who are between 7 and 14 years old. The family is living in their own semi-permanent house in Hoima, Uganda. His goal is to build a permanent house for his family and to educate his children. Spencer is a hard-working man and for the last six years, he has been operating a produce business. He started by farming and then saved to start the business, but he faces a challenge of poor roads and high inflation. He now needs another loan to buy more maize to sell as he has very many orders to deliver maize to schools.



Loan details

Loan length:

10 months
Disbursed date: May 15, 2012
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: May 15, 2012
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services