Funded

Total loan: $400
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Eric

Uganda
Bundibugyo, Uganda / Secretarial Services

A loan of $400 helped to buy a laminating machine and other items like books.


Eric's story

Eric used a previous loan to buy a printer. He is a 31-year-old businessman living in Bundibugyo, Uganda. He has a stationery shop, and with the proceeds he has been able to meet the basic needs of his family. Nevertheless, he is faced with challenges in his business such as price fluctuation, customers’ delinquencies and inadequate capital to purchase modern equipment. His business goal is to hire employees to help grow his business and expand into new markets. His personal goal is to build a permanent house for residence. Eric intends to use the loan to buy a laminating machine and other items like books.



Loan details

Loan length:

10 months
Disbursed date: January 18, 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 18, 2013
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services