Total loan: $1,375


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Mbale, Eastern Region, Uganda / Housing

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

A loan helped to purchase construction materials and pay labourers.

Jacob's story

Jacob is married, as seen pictured with his wife. He is a businessman dealing in the rental business to fetch income to derive a sustainable livelihood for his family.

Together with his wife, they run the rentals and always renovate them to make them up to date to attract high-class tenants for increased prices. Currently, there some that need renovation, but Jacob is short of income for that purpose.

This is why Jacob has approached Ugafode for a loan to fund the process. He will use part of the money to buy construction materials, like sand, cement, paint, and iron sheets, and the rest to pay the constructors.

With this amount, Jacob believes the process will be quickened to put them out for income generating purposes.

Thank you, lenders.