100%

funded

Total loan: $1,400

Muhamadi

Jinja, Eastern Region, Uganda / Transportation

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A loan helped to repair his taxi's engine and allow him to stay in business.


Muhamadi's story

Muhamadi is 46 years old, a resident of Wakalenge village in Jinja district. He is married with six children and all of them go to school. He is a mechanic in Jinja town and also owns a taxi.

Muhamadi's taxi has been producing some good income until recently when its engine developed mechanical problems. This has negatively affected his income because his workers miss being able to work on some days when the taxi is parked in the garage. In a bid to stay in business, he has applied for a loan of UGX 5,000,000 from UGAFODE so that he can repair the engine. He is hopeful that after repairs, the taxi will resume fetching in incomes, hence improving his finances. Muhamadi appreciates the lenders for the support that will save his source of income.