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A loan helped to buy more inventory of spare parts to sell.
Fred is seeking a loan of 2,000,000 UGX to buy more inventory of spare parts for his shop so that he can boost his sales. This will also help him perform his work as a mechanic more smoothly since he will have available spare parts at his disposal. His revenues will eventually increase, which will improve his family’s standard of living and also allow him to keep his child in school. He thanks the lenders.