100%

funded

Total loan: $275

Twaibu

Rubaga, Central Region, Uganda / Retail

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A loan helped to stock more shoes for sale to increase his income to educate his children.


Twaibu's story

Twaibu is an entrepreneur living in Kampala. He is a husband and a father to four school-going children.

He sells second-hand shoes as his main source of income. He started this business 6 years ago with his accumulated savings by doing casual jobs.

Twaibu's business is affected by inadequate stock, which limits his sales, thus bringing in low profits. Twaibu strongly believes that if he adds more stock, his sales will improve. However, his working capital is insufficient to make it possible.

Twaibu has applied for a loan of 1,000,000 UGX from UGAFODE to stock more shoes for sale.

Twaibu is grateful for the support that will boost his business and transform his family economically. His dream is to sell brand new shoes because they bring in a huge profit.

The woman in the photo is a credit officer from UGAFODE.