100%

funded

Total loan: $700

Fred

Masindi, Western Region, Uganda / Retail

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A loan helped to buy more bicycle and motorcycle spare parts to sell.


Fred's story

Fred sells and installs bicycle and motorcycle spare parts in the town of Masindi, Uganda. He used his previous loan to buy spare parts for bicycles and motorcycles to sell at a profit. He also has a separate shop where he sells general merchandise to increase his earnings as a father who solely holds the responsibilities of providing basic needs and paying school fees for his children who are still in school.

Fred dreams of expanding and standardizing his spare parts shop and educating all his children, but he is let down by inadequate capital. This loan will be used to buy more bicycle and motorcycle spare parts to sell.