100%

funded

Total loan: $700

Ronald

Lyantonde, Central Region, Uganda / Transportation

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A loan helped to buy a second motorcycle to increase his income to ably support his family.


Ronald's story

Ronald is married with one child, who attends school. He is a motorcyclist as his source of income. Ronald has seen himself grow from driving a hired motorcycle to owning one, and for that, he is proud of himself.

With the money he gets from riding, he provides for his family and also supports other dependents. As his child advances to higher classes, coupled with the ever inflating cost of living, Ronald's income is becoming insufficient to meet all of his financial needs.

He has therefore applied for a loan of 2,500,000 UGX to buy another motorcycle, which he plans to hire out for a weekly fee. He is optimistic that this supplementary income will improve his family's standard of living.

Ronald appreciates his lenders for their financial support, which will transform him and his family economically.