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

Betty's story

Betty is a first time borrower of the institution and is applying for UGX 3,000,000. She is 50 years old and a single lady. She has been engaged in events management since 1990 and sells Chinese furniture she gets from importers in the country. She supplements the income with a decorating business. Betty says sale of Chinese furniture is a good venture but she is constrained by small capital that leaves her in a position where she cannot meet her clients' demands. She therefore applied for the loan to increase her stock as a way of making her shop a one stop furniture shopping centre and increasing sales and gross profits.

Betty’s future plan is to see her business flourish to a point where she can import the products herself which would increase her profits since apparently she buys them expensively, making her profits minimal.

Loan details

Lenders and lending teams

Loan details