A loan of $575 helped to buy doors and windows to shutter his house.

Denis's story

Denis is a single man aged 26. He is a repeat client and on his second loan. His first loan was of 1,000,000 Uganda Shillings (UGX) which he serviced well.

Denis did not continue with his education after finishing form four because his parents didn't have money to fund his tuition. So he had to look for businesses in order to provide for his family. He went to a driving school so that he could learn driving, and later on he got into the taxi business because there was a demand by the Sudanese and other business people who wished to offer him a job. He uses the income to pay rent and look after his brother's sons (dependents), saving the balance with Ugafode Micro-finance Ltd.

With the savings, the bought a piece of land for 1,500,000 Uganda Shillings (UGX) which he used to save on his account. He has borrowed 1,500,000 UGX in order to buy doors and windows to shutter his incomplete house. His dreams for the future are to finish his house and be able to reduce on the cost of rent so that he can easily pay fees for his bother's children and see them graduate. In the photo Denis is in front of his incomplete house.

Loan details

Lenders and lending teams

Loan details