100%

funded

Total loan: $25

Benedict

Ishaka, Western Region, Uganda / Clothing

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A loan helped to buy more secondhand clothes to sell in order to increase his income.


Benedict's story

Benedict is married with 3 children. His home is located in Bushenyi district. He is a businessman whose main source of income is dealing in secondhand clothes. Benedict started his business with only a few clothes, but now he has managed to move into different markets.

He sells clothes to local people around Bushenyi district, as well as in other nearby areas. The profits from his sales have helped him start a new business, which helps him pay for school fees and cater to his family's needs.

Benedict's challenge is that he does not have enough stock to cater to the daily needs of his increasing customers. Therefore, he needs more money to increase his stock, which will then increase his profitability.

He is requesting a loan of 3,500,000 UGX to buy more secondhand clothes to sell in order to increase his income. Benedict appreciates this support, which will economically transform him and enable him to support his family.