Total loan: $900
Fort Portal, Western Region, Uganda / Housing
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A loan helped To buy land to construct a house for rentals.
Stephen is a 35-year-old man, married to a peasant farmer and together they have two children aged 2 and 4 years. He operates a retail shop in Fort Portal, Uganda and has been in the business for five years now. He says that at the moment, there are no major challenges his business is facing and is only planning to see it grow into a wholesale business in the near future. However, Stephen says that he would like to diversify the sources of income he has currently so that his household income can increase. Thus, he is going to construct a house for rental purposes. Stephen intends to use the loan proceeds to buy land so that he can construct a house for rentals.