Total loan: $550
Bombo, Central Region, Uganda / Retail
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A loan helped to restock his shop to improve his sales and revenue so that he can keep his children in school.
Noah, a resident of Kampala, is married with school-going children. He is a businessman running a retail shop to earn a living for his family and also raise school fees for the children. However, he is faced with inadequate capital to stock, which has limited his sales and returns. He has approached UGAFODE for a loan of 2,000,000 UGX to add more stock like sugar, foodstuffs, soft drinks, toiletries and others. This will ultimately increase his income, making him financially able to educate his children. Noah appreciates the lenders for the support that will boost his business.