Because of the need to survive and to support his mother, he started banana farming on a small scale on the land he got from his grandfather. This banana plantation was used as a source of food for the family, and income for their survival. This business has grown, giving him an opportunity to start a small nursery school in a nearby trading centre to support his family and to fill the need for education in his community.
He has managed to construct a three room classroom, which he has failed to complete and that is why he is requesting a loan of UGX 5,000,000 to complete the classrooms.
In the photo is Yusuf with his wife.
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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Success!! The loan was 100% repaid