Loyce is a single mother who divorced from her husband due to family problems. She is operating a grocery in a busy market and has three children. She struggles to take care of the children and other family necessities since she does all this single-handedly. She requested a loan of UGX 500,000 to help her add more stock of groceries in her business and use the rest of the money to pay rent and tuition for her children. Her major challenge is lack of a permanent place of work since she is still renting which affects her cash flow. She is a hard working lady striving hard to provide a good future for her children.
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
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
322View loans »
Success!! The loan was 100% repaid