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Inflantion affects Microfinance institution in Uganda
Uganda has been affected by inflation and lack of employment for the last 2 years and this has affected the Micro finance institution in Uganda.
We do not have borrowers currently since there is no big business that can bring returns in the short run.
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Permalink Reply by H Joshi on -
Apart from providing small loans, MFI s can also go for providing small scale business skills to unemployeed who are educated to some extent. Providing training like sewing, juice making, stitching etc, various people can earn at least money to have two times meal. The need is "Passion" which can drive these people as well as the organisation too.
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