Funded

Total loan: $1,175
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Moses


A loan of $1,175 helped to buy watches to sell.


Moses's story

Moses is 42 years old and a resident of Masanafu, a suburb of Kampala city. He is married, with five children, all in school and he takes care of his brother-in-law and sister-in-law, whose parents are incapacitated to meet their basic needs.

Moses sells watches, a business he started in 2008 with the aims of boosting his daily income and having a steady home. He needs a loan of UGX 3,000,000 (Uganda shillings) to buy more stock to serve his clients better, with a wider range of types of watches.

Moses sells to all kinds of people since his business is strategically located in the city center. However, his main challenge is inadequate capital. Moses is such a determined and focused man and he aims to acquire more money, in the form of a loan, to boost his business, so that it attains steady growth and expansion.


Loan details

Loan length:

14 months
Disbursed date: July 20, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: July 20, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited