Buzooba Tutungurane Group
He first took a loan of 500,000 UGX which helped him start the local gin business. It gradually moved to the level of self sustainability. However he faced a challenge paying back the previous loan when he was robbed of all the money and is now struggling to get back into the business of producing.
He wants the loan to buy more millet and maize, renovate his house and pay fees for the child. He is a hard working and persevering man.
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