A loan of $2,475 helped a member to buy stock of soft drinks to sell.

Developmental Consideration2 Group's story

Justus is a second-time borrower in UGAFODE Microfinance Limited. His previous loan of UGX 500,000 was used for the purpose of repairing his fridge so that he could increase his sales in the shop. He runs a retail shop in the city outskirts, and he has borrowed a loan of UGX 1,000,000 to add more stock of soft drinks. Soft drinks are highly sought after, especially now that it is the dry season.

Justus is a married man with two kids, one of whom goes to school. He has started up a small saloon to increase his income and also be able to save more. This helps him to improve his current standard of living and save for the future. He is planning to buy a piece of land and build a house for his family, reducing his rent expenses so as to increase his savings. He is so grateful to the funders for the great job they do of providing loans to low-income earners.

In this group: Darlius, Julius, Steven, Hamson, Justus, Scovia, Moses, Godson, Zaitun

Loan details

Lenders and lending teams

Loan details