Vicent wants a loan of 1,000,000 (one million shillings) to complete his residential house under construction so that his family can have decent living conditions. Vincent's dream is to educate his children up to high institutions of learning.
However, his major challenge is the poor road network, most especially when it rains, which makes transportation of his waragi to market very difficult.
In the photograph is the loan officer at the forefront and the client at the back. This is the house Vincent wants to complete.
More information about this loan
This loan is part of UGAFODE”s Micro Mortgage Loan program. Many of these clients are currently renting and these loans allow them to own their home and provide for their families. This may be their first home, or renovation to homes not fit for habitation. By building and renovating, borrowers who utilize these loans have improved health and safety through a stronger structure and better protection from the elements. UGAFODE offers these loans to cover essential costs like labour and material so borrowers can provide adequate shelter and sanitation facilities for their families.
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