A loan of $600 helped to hire labor for plowing the land and harvesting maize.

Peter's story

Peter is aged 35 years and is married with five children who are all school-going. He is a farmer mainly involved in the growing of maize for commercial purposes. Peter also has a poultry farm at his home operated by his wife as an additional source of income, especially when the season for maize is off.

Peter has approached Ugafode to get a loan of 1,500,000 Ugandan shillings to be used for agriculture, especially for preparing the land for the next season, harvesting the current maize he has and also expanding the poultry business.

Peter's dream is to buy more land and start growing maize on a larger scale for more harvest and profits. However, Peter says that the major challenges to this are having limited capital, the seasonality for agriculture, as well as the price fluctuation for agricultural produce on the market. In the photograph, Peter is on the left, and the Ugafode credit officer is also shown in the client's maize garden.

Loan details

Lenders and lending teams

Loan details