So far Michael has received two loans from UGAFODE, which have enabled him to start building a small school. He is requesting this loan this to continue with the construction of the school and hopefully supplement his income when it is complete and operational.
Michael has been able to build this school with the assistance of two previous loans from UGAFODE. He encourages the organization to continue supporting low-income earners because it has improved the living standards of many active poor Ugandans, especially in his home area.
He is hopeful that when the school is complete he will be able to provide education to his community at a low cost, therefore contributing to the development of his home area.
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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This loan has been fully funded!