Julius is a recurrent borrower with Ugafode Mfi Ltd (MDI) from Ibanda District. The client is married with three children, and is engaged in the transport business locally known as boda boda.
The client's first loan was UGX 1,000,000 (one million shillings) from Ugafode, which he used to buy a motorcycle. He completed payment and borrowed 1,300,000 UGX, which he used to buy a newer motorcycle since the previous one had become old. The client repaid and completed the loan, and is now borrowing UGX 1,400,000, which he will use to buy a second motorcycle. This will help him to boost his income so that he will ably meet his family's needs.
The client's wife is engaged in agriculture, which supplements their family income.