A loan of $3,700 helped a member to purchase fishing nets and additional retail stock.

Nanso Development Group, Lugazi's story

Shalo S. is a focused 32-year-old happily married man. He has six children, with only four going to school on the grounds of his modest earnings.

S. has subsisted on a low-earning fishing and retailing business for the last two years in his area of Nanso, Buziika, and Lugazi. He mostly sells fish, sugar, salt, paraffin, soap and oil. In a month he excitedly says he makes more than 300,000 shillings and is looking forward to making even more with the acquisition of this loan. Behind the excitement however, he knows he has responsibility that he owes to his children, especially those not at school.

With no previous business experience, S., to all intents and purposes, got started in his business on a low-key note with persuasion from his brother who was also inclined towards doing business. From then on he did not rest on his laurels as he knew he had to work hard to see success within his grasp. With this determination, his business turned a new leaf. The benefactors are his first two children: he managed to provide for their education.

With this loan, S. is optimistic that his businesses will see a new lease of life as he intends to buy fishing nets and additional retail stock. He also wants to fully educate all his children.

In this group: Shalo, Joyce, Grace, Patrick, Ronald, Florence, Richard, Aisha, Milton, Stephen, Micheal, Sarah, Eseza, Alice, Jeniffer, Abraham, Vincent, Philip, David, Beatrice, Agatha, Fatuma, Angela

Loan details

Lenders and lending teams

Loan details