He has so far taken three loans. With this loan, he would like to buy more cattle for trade. His clients are butcher men. He hopes to raise more funds from this fasting season if he sells in Ramathan. He faces a challenges of price fluctuations, but does not get discouraged because he knows he will make it if he continues to work hard.
In the photograph is the loan officer(right) and the client(left).
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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