expired

Total loan: $150

Fred

Flag of Uganda
Jinja, Eastern Region, Uganda / Retail

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


A loan helped to restock a retail shop to raise income that will cater to the family needs.


Fred's story

Fred, aged 25, is a single man who supports his family with the income he gets from his retail shop. The business has been his main source of income for 4 years. He started this business with the small savings he had and it has realized some growth, thanks to the lenders who financed his previous loan.

Fred is looking at the Easter season as an opportunity to maximize his revenue, given the demand is usually high. However, this cannot happen with the current stock levels.

He is requesting a loan of 1,200,000 UGX to restock items like sugar, bread, foodstuffs, and toiletries. He is positive that with more inventory, his sales and income will also increase. This will improve his family's livelihood.

Fred is grateful for the continued support.