Funded

Total loan: $775
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Alex

Uganda
Kyenjojo, Uganda / General Store

A loan of $775 helped to purchase sugar, soap, rice, salt and cooking oil to sell.


Alex's story

Alex is a 29-year-old hardworking married man with 2 children aged 1 and 6 living in Kyenjojo-Uganda. He acquired his start-up capital from banana farming. He opened up a retail shop for general merchandise to serve the people in his village and the surrounding areas.

Alex is a very honest business man but has a challenge of inadequate capital and the problem of price fluctuations due to inflation, hence high prices for the commodities. In future he wants to become a wholesaler and has a personal goal of building a permanent home for his family. Alex is requesting a loan for purchasing sugar, soap, rice, salt and cooking oil to sell.



Loan details

Loan length:

10 months
Disbursed date: January 19, 2013
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: January 19, 2013
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services