A loan of $1,875 helped a member to buy more stock for his retail shop.

Kahengye Adult Development Group's story

A determined and very hardworking B. Richard, aged 32 years, is the married father of two children and three helpless dependents. He has operated a retail shop business for four years selling general merchandise in Kahengye, Rukungiri.

At the end of every month Richard is able to pocket profits to the tune of 180,000 Ugandan shillings in addition to his monthly salary for his teaching profession. He employs one person to help with his shop while he is away. His main drawback has been having a small amount of stock in business that cannot match the consumption rate of the customers.

Richard is therefore seeking a loan that he figures will help him stock more goods that will satisfy his customers’ high demand and also transform his enterprise into a wholesale business. Being very committed to the business, with good customer care, he hopes to increase his sales revenue. This will bring about a transformation in his business and enable him to achieve a self-sustaining life and cater for his family’s requirements.

In this group: Richard, Alex, Davis, Alex, Loice, Kellen, Kazimail, Jackson, Amon, Adonia*, Deus*, Evas
*not pictured

Loan details

Lenders and lending teams

Loan details