Vision Financial Services Customers stranded as it shut down
Vision Financial Services has shut down its operations in Kabale district unexpectedly leaving 103 depositors stranded.
The microfinance firm started operating along Nyerere Avenue in Central Division in Kabale Municipality three months ago targeting customers from Kigezi region.
However, despite receiving deposits from several depositors, none of them obtained a loan from the micro finance.
Some depositors stormed Vision Financial Services demanding an explanation as to why they have waited for their loans to be processed in vain. They were reportedly told to wait until October 13th 2018 when the loans will be ready in vain.