DFCU Bank Limited v Obitah Micheal (Civil Suit No. 28 of 2017)
Observed later treatment
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Holding
The High Court Commercial Division held that the defendant breached a personal loan agreement by defaulting on repayment obligations. The plaintiff bank established a prima facie case of indebtedness through the loan agreement and account statements. The defendant failed to appear or rebut the claim. The court awarded the plaintiff the outstanding principal of UGX 82,456,958, contractual interest at 21% per annum from the date of filing until full payment, and costs of the suit.
Outcome
Judgment entered for the plaintiff against the defendant for breach of loan agreement with monetary award and interest
Facts
On 27 October 2014, the defendant applied to the plaintiff bank for a personal loan of UGX 85,000,000. On 8 December 2014, the plaintiff granted the loan facility advancing UGX 85,000,000 to the defendant. The agreement required repayment of the principal within sixty days at an interest rate of 21% per annum, with monthly instalments of UGX 2,158,441. The defendant defaulted on the loan, leaving an outstanding balance of UGX 82,456,958 as of 1 November 2016. The plaintiff issued several demand letters requiring payment, all of which were ignored. The plaintiff instituted this suit seeking recovery of the outstanding sum, interest, and costs. The defendant failed to appear at the hearing on 9 July 2025, and the court granted the plaintiff's application to proceed exparte.
Issues
- Whether the Defendant breached the loan agreement with the plaintiff?
- What remedies are available to the parties?
Orders
- A declaration that the Defendant breached the loan agreement.
- The Plaintiff is entitled to UGX 82,456,958 (Uganda Shillings Eighty-Two Million Four Hundred Fifty-Six Thousand, Nine Hundred Fifty-Eight Only).
- Interest on the above at the rate of 21% per annum from the date of suit filing until payment in full.
- Costs of the Suit.
Rules and key headnotes
Legislation cited (6)
Cases cited (4)
- Barclays Bank of Uganda Limited v Howard Bakojja (High Court Civil Suit No. 53 of 2011)
- Crescent Transportation Co Ltd v Bin Technical Services Ltd (Court of Appeal Civil Appeal No. 25 of 2000)
- Mwesigye Warren v Kiiza Ben (High Court Civil Suit No. 20 of 2015)
- Uganda Development Bank v Muganga Construction Co. Ltd (1981)
Cases citing this judgment (2)
How later Ugandan judgments in the Wakilii corpus have cited this case. Treatment labels come from Sequitur — Uganda’s citator — each backed by a verbatim span from the citing judgment, and are not an assertion that this case is, or is not, good law.
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.