Total loan: $4,875
Kifunjo Traders Group
Kihihi, Western Region, Uganda / Retail
Kifunjo Traders Group's loan finished fundraising, but these other borrowers need your support
A loan helped To buy more stock like sugar, posho, soap and beans for resale.
Kifunjo Traders Group's story
Molly is a 45-year-old married mother of four school-going children in Kihihi. Traditionally, in Africa and Uganda in particular, women never participated in any commercial activities, not even agriculture. However the waves of change swept across Africa and women started taking a centre stage in entrepreneurship, and Molly supports this fact. She is among the many Ugandan ladies who have actively engaged in entrepreneurship with a high capacity of management. Eight years ago, she started a lucrative retail shop business which has been a good turn for her life and her entire family's. She earns 85,000 Uganda shillings per week as profits from her retail shop and this has enabled her to send all her children to school. It's important to note that this hard-working lady also participates in agricultural activities, particularly in banana growing, from which she earns 50,000 Uganda shillings monthly. This she describes as a very crucial income to her family and business. This lady, who describes herself as having a high sense of public relations, plans to increase and double her sales in the future, and with her portion of this Kiva loan, she plans to buy more stock like posho, sugar, soap and beans for resale.