Total loan: $600
Bombo, Central Region, Uganda / Clothing
Sheham's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy clothes to sell in her shop.
Sheham is a second-time borrower of the institution, applying for UGX 1,500,000. She is a single lady, but she has three children that she takes care of, using her small income from her shop. She runs the shop herself. Using her small income, she has managed to pay tuition for her two school-going children and maintain her average stock. However, her capital is not yet adequate. Thus, she is borrowing from UGAFODE. She will use the loan to add stock, which will make her shop attractive to many customers, in preparation for the festive season ahead. She will buy new clothes to sell, using the loan. She has future plans of seeing her stock increasing even more, and getting more loans from UGAFODE. She plans to pay them well, to maintain a clean record of loan repayment and also maintain the partnership with Kiva.