A loan of $1,200 helped to buy cement and shutters.

Francis's story

Francis is a second time borrower, and is now applying for a loan of UGX 3,000,000.

He is a single man, and works for UGAFODE Microfinance Ltd as a cleaner. It is through his work that he has managed to buy a piece of land where he is putting up rental houses. He started constructing the houses using the first loan that he repaid well. He is applying for this new loan to take the rentals to another level, as shown by their progress in the photo.

Francis hopes that when the rentals are fully complete he will be able to earn more income from them. He has one major problem in that it floods whenever it rains heavily, but he is hopefull he will work on it given the loan amount applied.

Loan details

Lenders and lending teams

Loan details