Funded

Total loan: $1,125
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Frank

Uganda
Rukungiri, Uganda / Farming

A loan of $1,125 helped to buy seeds for planting.


Frank's story

Frank states, "I started my business in 2004 with my small capital which I obtained from the sale of agricultural products like coffee and bananas. Then I joined UGAFODE Microfinance Limited (MDI) in 2005 for financial service assistance so as to expand my business by injecting more capital. With the small assistance I got from UGAFODE, I have been able to build and complete my house. I bought land which expanded my agricultural production. UGAFODE has really enabled me to sustain my timber trade business and I am able to pay school fees for my children and look after my home and wife. I therefore appreciate the good services offered by UGAFODE which have enabled me to improve on my standards of living."



Loan details

Loan length:

8 months
Disbursed date: January 8, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 8, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited