Funded

Total loan: $275
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Samuel

Uganda
Kagadi, Uganda / Food Production/Sales

A loan of $275 helped to buy cassava for grinding into flour and then selling.


Samuel's story

Samuel is 30 years old, married, with children who are all schooling. Due lack of tuition, Samuel dropped out of school and started farming on a small scale as a way of earning some money and looking after himself. He is also currently into the produce trade as another source of income to cater to the family.

Samuel wants a loan of UGX 700,000/= (seven hundred thousand shillings) to buy cassava for grinding into flour since it's now a dry season. This will enable him to earn more profits and be in position to cater to the family's needs.

His dream is to grow the agricultural business on a larger scale by acquiring more land. However, Samuel has the challenge of the changing weather conditions that affect the business and the transport, as well.



Loan details

Loan length:

8 months
Disbursed date: February 6, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: February 6, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited