Godfrey is a 49-year-old married with seven children living in Masindi, Uganda. Good hotel facilities in his town are a major challenge, so Godfrey felt that if he ventured into the business he would reap a lot of profits to help him support his big family.
He has been in the business for three years and it’s very lucrative, despite challenges in the high cost of utilities such as water and electricity. Godfrey intends to use the loan to buy a water tank for his hotel.
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.