Total loan: $550

Akuha Nomuha Group, Ibanda

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Ibanda, Western Region, Uganda / Retail

Akuha Nomuha Group, Ibanda's loan finished fundraising,
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A loan helped To restock her store.

Akuha Nomuha Group, Ibanda's story

N. Madina of Akuha Nomuha group in Ibanda, age 29, is a single mother of one child. She has been operating a spare parts store for bicycles and motorcycles for a period of over 12 years in Bufunda, Ibanda. Through doing this with determination and hard work, she has been able to make 300,000 Ugandan shillings on a weekly basis. She uses this money to meet her family's daily requirements including buying food and paying tuition fees. For a long time, her motive has always been setting up a bigger spare parts shop, as there is a ready market available. This would enable her to get more income to educate her child. Madina was introduced to this business by her uncle who was doing the same business. Through establishing good relations and saving more money, she was on track to open up her own store. Therefore, with this loan, Madina will restock her business and be able to earn more sales revenue.