A loan of $800 helped to buy items to stock her retail store.

Harriet's story

Harriet is a second-time borrower and a client of UGAFODE Microfinance Limited. She is applying for a loan of two million shillings (UGX 2,000,000). She was forced to pay off her previous loan prematurely, so that she could get a bigger loan to buy more stock of items that were being demanded by her customers.

Harriet says the shop is doing well in terms of sales. However, it has been held down by inadequate capital for increasing her stock. But with the loan facility from UGAFODE, her problem will soon be history.

She says she has plans to educate her children, pay off her loan well, and get subsequent loans to make a good credit history. She also wants to buy her own plot and develop it, by putting up a commercial house to avoid paying rent. She is hard-working and honest.

Loan details

Lenders and lending teams

Loan details