How I Prevented My Home from Being Sold Over a Loan

My name is James Kintu, and I live in Masaka, Uganda. Two years ago, I made what seemed like a smart choice. I borrowed money from a local bank to expand my small hardware shop. In the beginning, business was good, and I had no trouble making my monthly payments. But then things took a turn.

The prices of goods increased, customers grew fewer, and some of those who owed me money stopped paying. Before I realized it, I had fallen behind on my loan repayments.

I did everything I could to catch up—selling some of my stock at a loss, borrowing from friends, and taking on small side jobs. But the loan’s interest kept rising faster than I could pay. Then one morning, I received a letter from the bank’s legal office.To Read More, Tap Here