Ernest is a 44-year-old married man with seven children, living in Kyenjojo, Uganda. He has been in business for 8 years, dealing in buying and selling local brew, maize, Irish, and milk.
In addition to the above, Ernest has a retail business selling household items like soap, salt, utensils, and sugar, among other things. His business is in a rural area where there is less competition.
He began his business to increase his family income, so he could educate his big family. He hopes to own a wholesale shop and venture into commercial farming, despite the challenges of inadequate capital and high license fees.
Ernest intends to use the loan to buy land for farming.
This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.