Total loan: $1,000


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Jinja, Eastern Region, Uganda / Retail

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

A loan helped to buy foodstuffs and toiletries to sell.

Richard's story

Richard is 35 years old, a resident of Mbiko in the Buikwe District. He is a single father of five children and all of them go to school.

Richard is a businessman and mainly operates a retail shop. He has been a UGAFODE client since 2017 and has always serviced his loans well. He approached UGAFODE for a loan facility to boost his business. Richard will stock more foodstuffs and toiletries to sell, and gain income to increase his cash inflows.