100%

funded

Total loan: $550

Richard

Jinja, Eastern Region, Uganda / Retail

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A loan helped to restock more spare parts to sell in order to earn more income to educate his children.


Richard's story

Richard, 38, is married with three children who attend school. He runs a retail shop that sells spare motorcycle parts as his main source of income. He also does motorcycle repairs to bring in extra income for the family. The demand for spare parts has increased with the many youth joining the motorcycle transport business. To best serve his growing clientele, Richard has applied for a loan of 2,000,000 UGX to add more spare parts in the shop to sell. This will increase his income that he will use to cater to the needs of the family. Richard appreciates the support that will boost his business, thereby improving the family's livelihood.