Total loan: $3,075

Rwamugooma Uweso Group

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Rukungiri, Western Region, Uganda / Retail

Rwamugooma Uweso Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy stock of rice, cornflour, sugar,soap,salt,soda,bread etc for sell.

Rwamugooma Uweso Group's story

Vanansio is on the right hand side of the group photo, and he is the chairperson of the group. He is an old client of Ugafode and is 44 years of age. This group has been with Ugafode for 5 years and has really repaid their loans well.

Vanansio is married with 3 children and resides in Rwamugoma village, Rukungiri district. Vanasio operates a retail business in partnership with his wife who is a tailor. They also own a big coffee plantation as an additional source of family income. Loans from this bank has really changed his livelihood for the better. He wants to add capital to the business; he will buy additional stocks of groceries and other daily household use items for the retail shop.

He has applied for a loan portion of UGX 4,000,000 under the umbrella of his group since he could not stand alone to get a loan due to lack of sufficient collateral. He hopes to expand his business.

The group members thank Ugafode for the financial boost extended to them which will improve their livelihoods.