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Total loan: $2,775
Omungyenyi Kwetungura, Ntungamo Group
Ntungamo, Western Region, Uganda / Clothing
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Omungyenyi Kwetungura, Ntungamo Group's loan finished fundraising,
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A loan helped To purchase materials and bales of clothes.
Omungyenyi Kwetungura, Ntungamo Group's story
T. Swibu belongs to the Omungyenyi Kwetungura, Ntungamo Group. Hard-working Swibu has operated a garment sales business for the past seven years from Rubaare trading centre. By selling clothes in monthly and weekly markets in the area, he earns 500,000 Ugandan shillings on a monthly basis. What has inspired him most in the business is having noticed the prevailing market in the area from local people. It is for this reason that he wants to get this loan to improve his financial prospects in terms of restocking his business with attractive materials and more bales of clothes. He earns additional income from farming and the ownership of a retail shop. With these modest earnings, he has been able to make the best of the bad bargains that occasionally hit his garment sales business. Swibu happily reveals how he is able to educate his four-year-old child who is attending kindergarten. He is looking at business expansion in the future.