Funded

Total loan: $1,175
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Robert


A loan of $1,175 helped to buy a cow.


Robert's story

Robert was born in 1965 at Rwerere Village, Nyakagyeme Sub-county, Rujumbura County. He is married with five (05) children, with four still in school. He is a secondary school teacher working in different private schools. He used to meet his family's needs using his salary, but later he found that his salary alone could not meet all his financial needs. He decided to join UGAFODE for financial help at a time when he was constructing rentals to supplement his income.

Robert constructed the rentals in Rwerere trading center. This now supplements his income, and he also started cattle rearing for milk production. The client took this loan to buy another cow to increase milk production. His plan is for his wife to be in charge of the milk sales. The client is thankful to UGAFODE Microfinance Limited (MDI) for the financial assistance extended to him. The loans have enabled him to educate his children and to construct rentals. He would like UGAFODE to continue supporting low income earners, since this improves people’s standards of living.



Loan details

Loan length:

14 months
Disbursed date: April 18, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 18, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited