It is now fifteen years since M. Tryphonia started up her banana-selling business in Kyeikuchu, Ibanda, in western Uganda. With this as her only source of livelihood, she has painstakingly managed to make ends meet, albeit with some long-drawn-out seasonal income fluctuations and poor road systems used to access bigger markets.
With a hardwork ethic, the 40-year-old married and happy-go-lucky mother of four children has kept her business on a consolidated growth path. In a month, she makes close to 120,000 Ugandan shillings in profits. Her business, in gaining ground over these years, has in effect also meant that her family has benefited, especially in its requirements.
Tryphonia’s business plan for the future is to be able to sell more bananas to an increasingly expanding market. With this loan, she envisages purchasing manure and fertilizers for her banana plantation in order to improve her crop.