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We are providing financial services to refugees in Uganda. The lockdown has also resulted in Food Ratios being reduced so our clients are facing a double-edged sword - drop in working assets as they have converted some of these into cash and low food ratios. Some are contemplating sneaking back into South Sudan hoping that the situation could be better there.
As a lender to refugees in Uganda, we need to come up with strategies that first of all can convince our clients to stay put and secondly put stimuli in place to revive their businesses. And these have to start even before the pandemic is over, whenever that will be. Strategies suggested in this article will help us plan accordingly.