A loan of $1,900 helped a member to buy a pool table to provide his services to customers in nearby villages.

Katugunda Development Association Group's story

Christopher is aged 23, single, and living in the rural Rukungiri District. He is a businessman who owns a video hall and a bar. He has been engaged in these businesses since 2010. He started these businesses to supplement his parents’ income, since he lives in a large extended family.

Christopher is applying for this loan from UGAFODE Microfinance Limited (MDI) with five other fellow youths in Katugunda Development Group in order to buy a pool table. This will help him expand his working area and bring in more income.

With this investment, he is planning to provide his services to customers in nearby villages who enjoy the game, instead of trekking the long distance to the town center. He thanks UGAFODE Microfinance for providing loans to even the youths, so they too can be financially independent, rather than being dependents.

Christopher is planning to expand his business more in the future, and hopes eventually to open a bigger and modern video hall with high standards.

In this group: Alex, Christopher, Matiya, Ambrose, Peterson, Frank

Loan details

Lenders and lending teams

Loan details