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A loan helped increase working capital to meet the demand of customers.
Silas runs a grocery shop, located in the Mahama refugee camp. This is one of the six refugee camps in Rwanda. Most of his clients, friends and family live in and near the camp, which makes the business have a strategic location. He started the business in 2014 with the capital of 1,200,000 RWF. The business has developed since then where the sales keep going up due to a huge number of clients that live in the camp.
However, his working capital is not able to buy enough stock to satisfy the customers due to increasing demand. He is requesting a loan of 800,000 RWF as working capital to meet the demand at the market. This loan will help him to secure more clients, hence an increase in profits for his family and reinvestment into his community.