Our Impact

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Kusain, Isingiro

Kusain, an Imam and Halal butcher in Isingiro town, has invested heavily over the years in property, livestock, and rental properties. He reached a point where managing his multiple businesses became too cumbersome even though investing further might produce a high return.

Instead, he opened a Target Savings Account with UGAFODE Microfinance Limited (MDI) where he maintains a sum of money in case his other businesses fail and to save for his next big investment.

Imam, Kalerwe Market

Imam, a second-hand clothing shop owner in Kalerwe market Kampala, believes that hard work is the way to advance in life. He wants the money he deposits with UGAFODE Microfinance Limited (MDI) to be used as loans for hardworking individuals like himself in his community because he knows it will make an impact. The loans, he says, could even support a child who might one day become the president of this country.

Daniel, Isingiro

Daniel, a chairperson, businessman, and farmer in Isingiro and Mbarara region says he used to wait to accumulate a large sum of money before heading to the bank to make a deposit so that he would impress the branch manager. That when you make a large deposit, “You feel big.” He says he no longer worries about raising large lump sum before going to the bank after opening Target Savings Account with UGAFODE Microfinance Limited (MDI) where he has managed his money, reduced the risk of temptation and achieved his financial goals especially paying for his children’s school fees. “My children are now able to go to school every term because I always have their School Fees ready on my Target Savings Account”.