Funded

Total loan: $1,925
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Robert

Uganda
Kyotera, Uganda / Property

A loan of $1,925 helped to buy a piece of land.


Robert's story

Robert is a Ugandan citizen, aged 45 and divorced with 4 children, all attending school. Robert is a businessman who deals in produce and the cattle trade, and also grows different types of crops which work as side income for him.

He has done these businesses for the last 5 years and says his main purpose was to boost his income and take care of his children. He has purposely applied for this loan to buy a piece of land to help provide a cattle shed and a farm house for the cattle herders. He also hopes to use this loan to buy two Friesian bulls for cross breeding for better yields. This will further finance studies for his children. Robert confesses that his main challenges are dealing with cattle and livestock diseases, epidemics like foot and mouth disease, and disasters like droughts that have run for over eight months. However, he boasts of improvement in his daily life because of this business.



Loan details

Loan length:

14 months
Disbursed date: May 23, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 23, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited