Funded

Total loan: $600
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Joseph

Uganda
Kyotera, Uganda / Farming

A loan of $600 helped to buy mulches for his banana plantation.


Joseph's story

Joseph is a youthful man of about 35 years living in the Kiwaguzi local area. He has a family of 6 kids that he takes care of. He ventures in bark clothmaking,a business which he has done for the last 4 years. He couples it with subsistence agriculture for a daily income activity. He says he started bark clothmaking to supplement earnings from his plantation, which usually gives earnings only after 2 weeks. He says he managed to acquire the motorcycle that has helped him with transportation, which has boosted his income. He was able to buy a piece of land that has allowed him plant more bananas for more output.Of recent he has managed to assemble some bricks which he hopes to use to put up a semi permanent house to improve his house hold living. He hopes to use the facility extended to him to mulch his plantation especially as it’s been a dry spell and also buy more back cloth for trade. He confesses a major challenge is scarcity of the bark cloth and also pests like termites that eat up the tree trunks, hence having poor quality pieces of bark cloth.



Loan details

Loan length:

15 months
Disbursed date: July 23, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: July 23, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited