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Total loan: $850
Kasese, Western Region, Uganda / Retail
Flag of Uganda
Grace's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy rice and sugar to sell.
Grace, a 27-year-old single mother with one child, rents a house in Kasese, Uganda where she has operated a retail shop for seven years. She began the business with capital of 200,000 shillings and a loan acqiured from Hofokam of 300,000 shillings, and she now has 2,000,000 shillings as her working capital.
Grace's main hardship is limited finances to meet the demands of her customers, and she intends to use the loan to buy rice and sugar to sell. Her vision is to become a wholesaler, educate her child, and build a house.