Funded

Total loan: $1,125
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Saidi


A loan of $1,125 helped to buy general merchandise, such as sugar and cooking oil, for resale.


Saidi's story

Saidi is a 32-year-old, hard-working man with three children, living in Bundibugyo, Uganda. For six years, he has been operating a retail shop. He started the shop in order to financially support his growing family. Like most good fathers, he desires to educate his children up to the University level and set up sustainable income generating activities. Saidi also grows cocoa which has high demand since the cocoa-processing factory is located near his home.

Saidi intends to use the loan to buy general merchandise, such as sugar and cooking oil, for resale. Inadequate capital to meet the increasing demand is his great challenge while his dream is to own a wholesale shop.



Loan details

Loan length:

10 months
Disbursed date: November 12, 2012
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: November 12, 2012
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services