Total loan: $900


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Jinja, Eastern Region, Uganda / Construction

Annet's loan finished fundraising,
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A loan helped To buy stock of cement, lime and other materials for trade.

Annet's story

Annet is a 45 old lady who was married, but they did not stay together. She has a hardware business in a trading centre, Jinja district, as her only source of income. She has six children who are all attending school and she is the bread winner at home. She started the business because it was less competitive and had a market from the people in construction. She is at times challenged by limited capital especially now that she pulled out some funds to pay tuition and yet the demand is also high. She approached UGAFODE Microfinance for a credit facility of three million shillings so that she can add stock of hardware in her business, so that it can increase her income. Her customers describe her as a hard working lady who has good customer care and innovative.