100%

funded

Total loan: $1,350

Richard

Bombo, Central Region, Uganda / Retail

Richard's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to restock his cosmetics shop to boost production and increase sales to earn income.


Richard's story

Richard is a repeat client with Ugafode. He is married with 2 children he fends for and stays in Namawojjolo, a town suburb of Kampala district.

He operates a cosmetics shop in the same area where he works the whole week to maximize incomes. The current pandemic has led to business discontinuity which made him incur a lot of losses.

He used all the profits of the business to support the family in the lockdown and currently he is short of income for reinvestment.

Richard is seeking a loan to restock his shop to refurbish his business and regain his financial status. This will help him support his family without fail and reinvest in the business. Thank you funders.