A loan of $4,025 helped a member to purchase more stock for the business.

Ntara Multipurpose Group, Ibanda's story

Enterprising and trustworthy T. Patrick of Ntara multi purpose group and aged 35, started up his hardware business over 2 years ago dealing in general building merchandise. Being strategically located in Ntara trading centre Ibanda, he gets many customers, earning him a profit of 400.000 Ugandan shillings monthly. Patrick employs two casual labourers who help him with work in the shop, like lifting cement bags and iron bars. His main drawback is having small stock that cannot match the demand from the customers.

With this loan, he hopes to buy more stock of goods for the business, and this will help him expand business market and also earn more sales revenue to cater for the requirements of his family, educate his children, and also be able to progress economically.

In this group: Patrick, Crescent, Africano, Charles, Edwig, Robert, Lucy, African, George, Magadallen, Eliab, Alex, Abudal, Patrick*, James*, Life, Neblet, Vincent*
*not pictured

Loan details

Lenders and lending teams

Loan details