A loan of $1,900 helped to buy construction materials to finish his incomplete house.


Fred's story

Fred is a 54-year-old married man with eight children and two dependents.

He is a farmer who grows the popular Ugandan plantains and keeps animals. He started this activity in 1990 with the purpose of earning a living and also paying tuition for his children. His clients are people around the town.

The loan will help him to buy construction materials for his incomplete residential house. He has been building in phases, but is excited that Ugafode is giving him a helping hand in the form of a micro-mortgage loan that is very affordable in terms of interest rates. Building a decent permanent house has been his dream since he was from a humble background, where they used to scramble for a sleeping place, but he wants to make a difference for his children.

He hopes to build rentals in the future to help him pay tuition at university since most of his children are soon entering university.

His challenges are animal diseases and the expensive veterinary drugs that have affected his milk production.

He is a hardworking man. If given support, he can strive to achieve his intended objectives.



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Loan details