A loan of $2,350 helped a member the purchase of more goods to resell at his retail shop.

Kikoni Ii Twetungure Group-Ibanda's story

Self-motivated and hardworking Frank M., aged 34, is a married father of two children aged 6 and 12 years. Frank has been operating a retail shop mainly selling consumer goods for home use in Kikoni trading centre, Ibanda, a business he started six years ago upon realizing the ready market in the area. At the end of every month he is able to pocket profits to the tune of 130,000 Ugandan shillings.

Frank's main limitation has been insufficient stock to meet customer demand, so he is now seeking a loan that will help him stock more goods to address this problem and also transform his enterprise into a big enterprise. Being very committed to conducting a business providing good customer care, he hopes to increase his sales revenue as he works toward achieving a self-sustaining life and catering to his children’s education expenses.

In this group: Frank, Richard, Edith, Gabriel, Savino, Benon, Scovia, Disan, Serestian, Marble*, James, Eunice, Elizabeth, Robert, Ketrah, Enock
*not pictured

Loan details

Lenders and lending teams

Loan details