Funded

Total loan: $400
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Kirizesitom

Uganda
Kyotera, Uganda / Agriculture

A loan of $400 helped to buy bark cloth from farmers for processing and marketing.


Kirizesitom's story

Kirizesitom is married and 31 years old, with two children. He lives in a rural setting with his family.

He is a business man who processes bark cloth, which is a kind of cloth used for traditional ceremonies. He supplements his family income with produce trading and agriculture, which he deals in seasonally.

He has been in the business of bark-cloth trading since 2002. He based in it because of experience he had and because less capital was required in starting up. He has acquired a loan facility with the aim of boosting his business by purchasing more stock. He sells his goods to traders in the city.

Kirizesitom describes himself as a hard-working man and very ambitious. He hopes to expand his business and be in a position to be with goods all the time for his customers.

He faces the challenges of lack of enough capital and of unprofessional customers who make orders on the phone but change their mind by the time the goods are delivered.



Loan details

Loan length:

12 months
Disbursed date: September 16, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: September 16, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited