Funded

Total loan: $1,175
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Franco

Uganda
Bombo Road, Uganda / Personal Housing Expenses

A loan of $1,175 helped to plaster his house.


Franco's story

Franco is an old client of the institution who has applied for a loan of UGX 3,000,000. He has operated two dairy shops and driven a motorcycle in the outskirts of the city for two years.

The purpose of the loan is to plaster his residential house so that he and family can have decent accommodation. He will use the balance to diversify his dairy business by stocking other general merchandise. He is an honest and hardworking man, but he has always been constrained by financial issues in his business.

Franco says given the loan, he will stop renting, and also restock his shop. Being able to have a bigger market will allow him to serve more than just those who buy dairy products from him. He has future hopes of expanding his business and living in a complete house, given the loan amount for which he has applied.



Loan details

Loan length:

14 months
Disbursed date: August 3, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: August 3, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited