A loan of $800 helped a member business restocking.

Rwengiri Modern, Ibanada Group's story

A determined, hard working M. Immaculate, aged 28 years, has been operating a retail shop business selling general merchandise especially for home use like; plastics, grocery, sugar, salt and more from Ibanda Town. She started this business 2 years ago with her own savings and at the end of every month she is able to pocket profits to the tune of 80,000 Ugandan shillings.

The small profit is due to her main drawback of having a small stock in business that cannot match the purchasing rate of the customers. Immaculate is therefore seeking a loan that will help her stock more goods to satisfy the customers’ high demand and also transform her enterprise into a larger one.

Being very committed to the business and with good customer care, she hopes to increase her sales revenue. This will bring about a transformation in her business as she hopes to turn it into a wholesale business which will enable her to achieve a self sustaining life and meet her personal requirements.

In this group: Immaculate, Annet, Immy, Jennifer, Prsca, Benard, Charles*
*not pictured

Loan details

Lenders and lending teams

Loan details