Funded

Total loan: $400
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Pelzi

Uganda
Ibanda, Uganda / Livestock

A loan of $400 helped to buy bulls to sell.


Pelzi's story

Pelzi is a 32-year-old man who is married with three children. His primary source of income is the cattle trade and he has been doing this business for the past five years. Pelzi applied for a loan of 1,000,000 UGX to restock more cattle to sell, targeting the festive season. He plans to slaughter three bulls over the Christmas festive season and restock more for the Easter festive season.

Pelzi plans to buy pine tree seedlings from the profits that he will make. He plans to plant them on his piece of land so as to prepare for the future. He will harvest them 10 years from now and will be able to get tuition fees for his children who will be of school-going age by then.



Loan details

Loan length:

12 months
Disbursed date: December 6, 2012
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: December 6, 2012
Facilitated by Field Partner: UGAFODE Microfinance Limited