Total loan: $825


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Bombo, Central Region, Uganda / Services

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

A loan helped to add working capital for his business.

Richard's story

Richard is 31 years old and he is a resident of Lugala, a city suburb of Uganda. He is single and has one child. He stays with his child and looks after him. Richard runs a phone accessories shop and also repairs damaged mobile phones to earn a living. He is seeking a loan to add working capital in his business by stocking latest phone accessories, to attract more customers. Richard believes the investment will increase his cash inflows and improve the profit margin.