Funded

Total loan: $800
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Christian

Uganda
Ishaka, Uganda / Property

A loan of $800 helped to buy a plot of land.


Christian's story

Christian is an entrepreneur in Ishaka town dealing in graphics and computer services which include computer training, printing and photocopying. He works six days a week and gives the business an average of ten hours per day. Christian is married to one wife and he has three children aged five, three and one with the first two in school.

He started the business in 2002 and he is happy the business earns him some small income per month. He is also a teacher and the monthly salary he gets boosts his monthly incomes. His business is located in an easy-to-reach busy area and this helps him to get customers from far and near. He started the business mainly because it was in line with what he started and he was convinced it would be a rewarding business. His clients are mainly government parastatals (government businesses), schools and SACCOS (savings and credit cooperatives).

He hopes to use the loan money of two million Uganda Shillings to buy a plot of land so that he can construct a house there in future. His challenges among others are the high cost of rent, high electric tariffs and the bad debtors who never pay back and these take a big portion of his profits. He is a shrewd business man who hopes to overcome the challenges highlighted especially if the loan is given.



Loan details

Loan length:

13 months
Disbursed date: November 6, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams




Loan details

Loan length:

13 months
Disbursed date: November 6, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited