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Total loan: $2,750

Nicholas

Flag of Uganda
Kagadi, Western Region, Uganda / Food

Nicholas's loan finished fundraising,
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A loan helped to buy more produce to sell to increase cash inflows.


Nicholas's story

Nicholas is a permanent resident of Rusenyi, Kakumiro District. He is married and has one child, aged one year and six months.

He is a very committed businessman dealing in a produce business. He buys and sells seasonal crops like coffee, maize, and beans depending on the available crops.

He is seeking a credit facility of 10,000,000 UGX as additional working capital for restocking the produce business. He is always faced with a challenge of price fluctuations and unreliable weather which affects the quality and quantity of the produce. He has an intention of acquiring another loan for purchasing more stock of produce to expand his shop.

He is pictured with his workmate in the background of the photo.