Fred deals in the spare auto parts business in Masindi, Uganda. He is 49 years old and responsible for taking care of his three children.
He had a kiosk selling fresh foods five years ago, and this acted as a stepping stone to his current business. Inadequate capital is his major challenge. He desires to educate his children and expand his business into new markets.
Fred wants a loan to buy spare parts for sale.
This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.