Funded

Total loan: $425
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Charles

Uganda
Bundibugyo, Uganda / General Store

A loan of $425 helped to buy sugar, rice and soap to sell.


Charles's story

Charles is a 26-year-old business man living in Bundibugyo, Uganda. He has a retail shop which he started with only 50,000 Ugandan shillings after selling sugarcane.

The main hardships he is facing are inadequate capital to purchase stock, customers not paying on time and high taxes. His personal goals are educating his children and building a permanent home while his business goals are buying land to grow crops, expanding his business into new markets and owning a wholesale shop.

Charles wants a loan to buy sugar, rice and soap to sell.



Loan details

Loan length:

8 months
Disbursed date: July 20, 2012
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: July 20, 2012
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services