Total loan: $1,350


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Jinja, Eastern Region, Uganda / Services

Fred's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped purchase materials like chairs, curtains ,fans, a television and speakers to revamp his cinema hall.

Fred's story

Fred is a single father with three children living in Jinja District. He rears cattle for milk production and also owns a cinema hall. Recently, his cinema hall caught fire at Masese and this greatly changed his livelihood because his income is reduced and funding his family has became a problem.

He urgently wants to restart his cinema hall so he is seeking a loan to buy equipment like chairs, curtains, speakers and a television to start afresh since his customers are readily available. He is certain he can revamp his business and start earning immediately. This will improve his standard of living and enable sustainability. This is the second loan he is taking from Ugafode Microfinance and he is considered to be a good client.