The perils of borrowing money in Uganda


Your Money, the World Service personal finance programme is in Kampala, Uganda looking at loans and asking why bank rates are so high.

The Governor of the Bank of Uganda says he is deeply dissatisfied at what the banks charge. And he has threatened action if they don't cut their rates.

Geoffrey Walubi tells us his story of taking out three personal loans and struggling with debt as rates rise.

Listen to Your Money on the BBC World Service on Tuesday, 12 February at 13:00 GMT.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.