A loan of $1,750 helped a member to purchase more hardware stock for his business.

Kicwamba Tukole Group, Rukungiri's story

Hardworking M. John, aged 46, started up his hardware shop business over ten years ago. His business has, for the most part, been dealing in general building merchandise. Being strategically located in Rwenshaka, Rukungiri town, he gets many customers, earning him profits of 173,000 Ugandan shillings monthly.

John’s main drawback is having a small amount of stock that cannot match the demand from his customers. With his pub and banana-sales side-businesses, however, he has managed to cut both ways in situations like the aforementioned. John started off as a farmer and he has never looked back. He has built up enough experience that things are currently playing into his hands.

With this loan, John hopes to buy more hardware stock for his business. He is looking at buying more iron sheets, nails and cement. This, he figures, will help him expand his business market and also earn more sales revenue to cater for the family requirements of his four children who are still attending school, and also enable him to progress economically.

In this group: John, David, Kedress, Alice, Jonah*, Leopold, John, Fideri, Stanley, Justus, Fred

Loan details

Lenders and lending teams

Loan details