Uganda: How Loans Devastate Kampala

The country's business community is left in ruins by years of debt and property takeovers by financial institutions, one of the harshest in recent history. At least the majority of victims come from the capital, Kampala.

Of late it is not unusual to find someone whose property is being auctioned off to recover a debt. Many property owners across the country are learning the consequences of not reading the fine print, when securing a loan from a financial institution.

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