A number of private secondary school headteachers told Uganda Radio Network that many parents are sending their children back to schools without the required scholastic materials, like books and pens, while some have only basic personal requirements.
The competition for new customers by the lenders coincides with the fact that many parents would like to take their children back to school, but are constrained financially. The financial sector is also targeting school proprietors and suppliers, who now need instant cash to get their businesses up.
