100%

funded

Total loan: $500

Robert

Flag of Uganda
Kagadi, Western Region, Uganda / Clothing

Robert's loan finished fundraising,
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A loan helped to buy more clothes and shoes to sell.


Robert's story

Robert is a male Ugandan aged 29 years. He is from Kagadi central parish, Buyaga East county, Kagadi district. He is married with four children, three of whom are school going. He is a very hardworking and committed businessman dealing in a boutique business. He sells a multiplicity of clothes and shoes for ladies, gentlemen and children. This business has enabled him meet most of his basic life requirements.

He plans to open up another boutique so that his revenues can increase. He is a second time borrower with UGAFODE and has taken a credit facility to buy more stock for the business. He faces a challenge of stiff competition and seasonality which is detrimental to the sales.