A loan of $2,925 helped a member to purchase more fish in bulk to resell.


Rwenshama Boda Boda Association A Group's story

The economic status quo in Uganda at present is, to say the least, adverse, what with the rising costs of doing business and the high costs of living, food and other commodities. As things spiral out of control, many entrepreneurs are putting on a brave face.

Swaibu, 46 years old, is a risk tolerant, proactive and enterprising businessman who has operated a fish sales business in Rukungiri for 10 years. Although this district is not known for this activity, business people like Swaibu have taken root. Swaibu purchases most of the fish he sells in bulk. Demand for his fish has been growing recently; to cope with the rising demand, he buys fish from as far away as Bushenyi, which is also in the west of Uganda. Whilst this means more sales revenue, it’s also costly in terms of transportation.

With the present adverse economic situation, Swaibu has been hard pressed. He is undeterred, however, and with his upbeat disposition, he is hoping for a positive economic change soon. He has not bought into the idea of increasing the prices of his fish since most of his clients have low incomes. Swaibu says he makes close to UGX 50,000 daily from his business. He intends to use this Kiva loan to purchase more fish in bulk to resell.

In this group: Swaibu, Bashir, Lauben, Kenneth, Richard, Aggrey, Robert, Amos, Amuzan, Ronald


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