Total loan: $1,100


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Mbale, Eastern Region, Uganda / Retail

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

A loan helped to restock his store to improve sales.

Vincent's story

Vincent owns a small grocery store, selling general merchandise. He is also involved in farming and most of his farm products, he sells along the highway to travelers.

For the past year, Vincent has been involved in completing construction of his residential house and this has left him financially drained, and the retail shop has also been left with bare stock.

Vincent lost many of his customers this way. Therefore, to recapitalize the retail shop, he requested a loan of 4,000,000 UGX. He plans on purchasing stock to attract both his old and new customers, and he is positive that this will increase his sales.

Vincent is thankful to UGAFODE and the KIVA funders for the financial support.