COVID-19 restrictions make loan repayment difficult

Since the country went into lockdown, many cooperatives have been badly affected by the COVID-19 pandemic where annual general meetings are not allowed which has caused poor cash flows in loan recoveries. Mugarura Edwin the Relationship Officer at Uganda Microfinance Support Center said that during this lockdown as a result of COVID-19, their clients who were given loans have had a challenge of paying back since many closed their business. #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Connect with us on Messenger via m.me/NTVUganda

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