Venansio
A loan of $550 helps to purchase mulch for the banana plantation for improved yields.
Venansio's story
Venansio is a 45-year-old married Ugandan with 6 children of which 5 are in school. He is a banana farmer and also has earnings from a bar and retail shop with the help of his wife. He is a repeat borrower of loans from EBO SACCO and he has a good credit history.
He has a challenge of soil erosion that affects his banana plantation due to lack of mulch. Venansio is seeking a loan to purchase mulch for his banana plantation to reduce erosion and improve the yields. The money from the yields will be used for household expenses and to pay school fees for his children.