A loan of $1,200 helped to buy cattle for fattening.

Donald's story

Donald is a first time borrower of Ugafode Microfinance Ltd. (MDI), and he is applying for a loan of three million shillings (3,000,000).

He is married with two children. Donald rents in Entebbe near the airport where he has a cattle fattening business. He is also a public servant and works with the Entebbe air forces.

Donald says he has a ready market for his cattle and he is projecting demand to be high mainly during the Christmas season. He is hampered by inadequate capital so he is applying for a loan in order to buy more cattle to fatten which he hopes will be ready to sell by that time so that he will be able to raise more income and won't have to depend on loans in the future.

Loan details

Lenders and lending teams

Loan details