Why limit borrowers to Kampala?

Apr 03, 2008

EDITOR—I am disappointed by the way banks offer mortgage facilities and loans for land. Most banks offering these loans demand that the land being financed must be in Kampala or within its vicinity. This drastically limits access to loans. and makes land very expensive in Buganda.

EDITOR—I am disappointed by the way banks offer mortgage facilities and loans for land. Most banks offering these loans demand that the land being financed must be in Kampala or within its vicinity. This drastically limits access to loans. and makes land very expensive in Buganda.

Simon Kibira Sebina
Kampala

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