Expired

Total loan: $1,175
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Habibu

Uganda
Rubaga Road, Uganda / Motorcycle Repair

A loan of $1,175 helped to buy motorcycle spare parts for his business.


Habibu's story

Habibu, a 34 year old married man, grew up in a polygamous family; he was forced to start fending for himself early since he did not go far with school. He is a resident of a suburb of Kampala city, married with 2 children who attend school, and he takes care of his two sisters and pays for their school fees.

Habibu deals in a business of spare parts for motorcycles which is strategically located in the busy city centre He started the business in 2010 with an aim of stimulating his daily income and to have widened businesses. He got a loan of UGX 3,000,000 to buy more stock to serve his clients better due to an increased demand for spare parts in the town. Habibu sells mostly to motorcycle riders who come from different parts of towns. He however faces challenges of inadequate capital competition in the market.

Habibu is such a determined and committed man, and aims at acquiring more loans to boost his business so that it attains consistent growth and expansion so that his children can have a better education and future.


Loan details

Loan length:

14 months
Disbursed date: September 12, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited
Expired: November 6, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: September 12, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited
Expired: November 6, 2013