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A loan of $1,225 helped to buy liquor to resell.

Cleophas's story

Cleophas is a new client at the institution who applied for a loan of UGX 3,000,000. He is 36 years old, married with three children, and hails from Bigaaga – Rwerere, Nyakagyeme; Rukungiri District.

He has a stock of local brew at a local trading center which is a distribution point to neighboring areas and towns. His major challenges has been lack of capital and supply fluctuations, leading to failure to meet customers’ demands. He hopes that with this loan facility, he will be able to meet his customers’ demands and raise enough income to sustain himself and his family.

He appreciates the role UGAFODE Microfinance Limited (MDI) is playing in boosting incomes of the local people.

Loan details

Lenders and lending teams

Loan details