Wilson is a fifth grade teacher who started a humble life as a teacher and later joined friends to became a director of Alliance Secondary School. This not only made him self-employed but also gives him the opportunity to continue practicing his profession as a teacher. Wilson is proud of being one of the pioneers of the newly mushrooming Alliance schools in the area and has been recognized by the community and the local authorities for creating employment, offering quality education and participating in the general development of Ibanda. He has purchased two semi-detached residential houses in the neighboring district of Mbarara and has applied for a loan of 3,000,000 UGX from UGAFODE to increase his payments to the seller.
More information about this loan
This loan is part of UGAFODE”s Micro Mortgage Loan program. Many of these clients are currently renting and these loans allow them to own their home and provide for their families. This may be their first home, or renovation to homes not fit for habitation. By building and renovating, borrowers who utilize these loans have improved health and safety through a stronger structure and better protection from the elements. UGAFODE offers these loans to cover essential costs like labour and material so borrowers can provide adequate shelter and sanitation facilities for their families.