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Willy is a new client applying for a loan of UGX 1,500,000. He operates a dry cleaning service business and also works with Uganda Broadcasting Corporation as a sales administrator.
Willy wants a loan of UGX 1.5 million to buy a new washing machine because the one he has is small, and the demand is high. The new machine will help him meet the demand by reducing the work load.
Willy believes that if he buys the new machine, it will also increase his income, and he will be able to get money to pay school fees and build a house for his family.