A loan of $2,200 helped a member to buy stock of second hand clothes to sell.


Benric Cbd Foundation Group's story

Winfred is aged 29 years old, a single mother of three children, two of whom attend school. She is in charge of paying their school fees and even giving them the basic necessities of life. Winfred sells second hand clothes to earn a living for the family. She previously borrowed a loan of 500,000 UGX from Ugafode to buy more stock for her business and she was able to get more returns to pay the school fees.

Winfred has now approached Ugafode to get another loan of 600,000 UGX (six hundred thousand shillings) to buy additional stock for her business for more returns. Her dream is to expand her business to be in a position to support her family and put up a permanent residential house to give her family decent accommodation.

However, her major challenge is the limited capital in the business. She would like to thank Ugafode for funding her and she believes soon, her dreams will come true. She is hardworking.

In this group: Ronald, Winfred, Godfrey, Isaya, Henry, Jennifer, Deus, Doreka, Josephat, Daniel, Charles
*not pictured


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