Funded

Total loan: $600
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Peter

Uganda
Rukungiri, Uganda / Personal Housing Expenses

A loan of $600 helped to buy roofing materials.


Peter's story

Peter was born in 1975 in Rwakigaju – Kashayo Bugangari, Rukungiri District. He was born into a peasant family and studied up to the basic level (primary level) due to limited funds. He was unable to continue with studies, and he struggled to earn a living from a very early age.

Peter is married with three children; two of them attend school and the third one is still young.

In 2012, he started constructing a house but he found out that he could not finish the house using the money from his business. So he joined UGAFODE Microfinance Limited (MDI) for financial assistance. He took a loan and was able to construct and reach a certain level. He also took this loan to buy roofing materials.

He is now taking this new loan to finish up his house while still leaving his business resources untouched. The client thanks UGAFODE Microfinance Limited (MDI) for the financial assistance, which enabled him to construct his house without affecting his business.



Loan details

Loan length:

14 months
Disbursed date: June 12, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 12, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited