A loan of $3,850 helped a member to buy ingredients and supplies for a bakery.

Richard's Group's story

Richard A. leads a loan group in the town of Bushenyi. He is 46 years old, married and has three children, all of whom are in school. He is also raising two orphans.

Richard is a businessman who makes a living running a bakery that he inherited from his father and has successfully run for more than 10 years. He sells his goods to people in suburbs, secondary schools, a local college and in other shops. His main challenge is securing the ingredients he needs to bake, such as flour and oil.

Richard has a motorcycle that makes it easy for him to distribute bread, doughnuts, cookies, pancakes, kebabs and chapattis. His dream is to open a store in a suburban town and buy a van so that he can expand his customer base and make enough money to send his children to college. He has applied for this loan to buy more raw materials for baking such as firewood, flour and cooking oil. Without loans like this, his business would not be nearly as successful as it is. He is determined to earn a larger income and make sure that his family lives well.

In this group: Richard, Julius, Yona, David, Mercy, Anna, Omugisha, Asia, Peace, Kellen, Lillian

Loan details

Lenders and lending teams

Loan details