A loan of $600 helped to buy construction materials to complete his house.

Evalist's story

Evalist is 33 years old and married with three children aged 6, 3 and 1. He operates a waragi trade business as his major source of income to look after the family and he has had this business for the last 10 years. Evalist borrowed UGX 1,000,000 from Ugafode previously to use in his business. He says the loan helped him to get profits which he used to start constructing a house for his family.

Evalist now wants another loan of UGX 1,500,000 to buy material for completing the construction of his house. He hopes to pay back the loan in installments which will not affect his business.

Evalist has a dream of completing this house and having his family living in a good environment. However his major problem has been the limited capital he has in his business as opposed to the family expenses including payment of school fees. In the photograph is Evalist (left) and the credit officer (right).

Loan details

Lenders and lending teams

Loan details