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.
More information about this loan
This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.
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Success!! The loan was 100% repaid