Total loan: $2,675
Namengo Group, Lugazi
Lugazi, Central Region, Uganda / Manufacturing
Namengo Group, Lugazi's loan finished fundraising,
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A loan helped Buying more timber and nails plus other necessities to make his job much easier.
Namengo Group, Lugazi's story
Cosmas S. is the leader of his lending group in Lugazi. He is a married man and a carpenter in Kinyoro. He has operated his business for five years. He has two school-going children and he takes care of his siblings and parents. His biggest business challenge is having customers that delay payments after services have been rendered. However, he is grateful for the loans that increase his business capital, hence enabling him to carry on even in times of hardship. Cosmas makes chairs and desks and would like to introduce the making of very nice sofas in addition to the ones he currently makes. He needs a loan to be able to buy more timber and nails plus other necessities to make his job much easier.