Fred Musunda's story
In Uganda, milk plays an important role in food security and the fight against malnutrition. Fred Musunda collects milk from rural farmers in Luwero (about 61km from the city) and transports it to the rural areas markets and urban individual households.
Farmers in rural areastransport their fresh milk for sale to rural areas markets using milk containers tied on bicycles. Fred was introduced by a friend to CFF because he was so much interested in buying a good used bicycle that could enable him supply fresh milk and ghee to his customers. After obtaining his bicycle on the CFF loan, he supplies 2 cans of milk a day, one in the morning and the other in the evening. He buys a liter of milk from rural farmers at Shs. 800 per liter and sells it at Shs. 1,500 in markets and individual households. He makes a profit margin of Shs. 700 per literwith eachmilk can containing over 40 liters of milk. Before purchasing his bicycle, he was only able to supply 40 liters of milk as opposed to the 80 liters he supplies daily.