She would like to use the loan to buy bananas for trade so that her profits can be better than they have always been. Scovia describes herself as a hard working and honest woman who has seen the business grow from one level to another. She is mainly challenged by the high taxes which she pays but she strongly believes that this will stop being a problem if the loan is given and she gets increased profits.
Her hopes for the future include giving her children the best education so that they can compete with others for better positions and jobs in future.
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.
This is a Group Loan
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Success!! The loan was 100% repaid