Funded

Total loan: $975
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Tadeo

Uganda
Rubaga Road, Uganda / General Store

A loan of $975 helped to buy more stock for his business.


Tadeo's story

Tadeo is 35 years old and a resident of Kasubi located in the suburbs of the city. He has four children, who all attend school. He dropped out of school at the secondary level due to a lack of school fees and then started running small businesses.

Tadeo deals in the business of jewellery and other small items, which he started in 2008 with the aim of improving his daily income and through this has been able to take care of himself and his family. However, his business could not grow due to a lack of capital.

He would like to get a loan of UGX 2,500,000 to add more stock to his business and enable him to expand and meet all the client's demands.

Tadeo’s dream is to expand his business and even to be able to sell on a wholesale basis. He would also like to get a shop, where he can stage his business and stop selling from the veranda. He also wants to finish his residential house.

Tadeo faces the difficulty of inadequate capital and competition also affects him. He is such a hard working man and he is very committed to his business.

He thanks UGAFODE for giving him support towards fulfilling his dreams.


Loan details

Loan length:

14 months
Disbursed date: April 22, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 22, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited