Total loan: $3,725
Polota Kakira Group Of Jinja
Jinja, Eastern Region, Uganda / Retail
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Polota Kakira Group Of Jinja's loan finished fundraising,
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A loan helped To buy new garments, electronics and edibles for her business.
Polota Kakira Group Of Jinja's story
N. Margaret has been driving a hard bargain running her eight-year-old retail business in Jinja and doing some small-scale farming. At its beginning, Margaret’s retail business was bringing her enormous profits, so much so that she managed to construct rental houses in Polota, Jinja. The 41-year-old married mother of four children says that throughout her eight-year experience, she has never wavered in her determination to succeed in whatever she sets out to do. Margaret managed to zero-in early on the many inevitable financial and other operational business impediments that have manifested themselves. At length she has got to a point where she makes profits to the tune of 50,000 shillings a week. It’s in her future plans to buy a lorry (truck). This she hopes will help reduce the transport costs she has had to come to grips with in her years of operation. With the acquisition of this loan, Margaret hopes to give her business a new lease of life through the purchase of new garments, electronics and edibles.