Funded

Total loan: $1,575
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Grace

Uganda
Ibanda, Uganda / General Store

A loan of $1,575 helped to buy more stock for his retail general store.


Grace's story

Grace is a 48-year-old married man with five children and three other dependants whom he looks after due to financial constraints in their families. He has a retail general store business in his region, and also works as a taxi driver and in agriculture as additional sources of income. As a result, Grace has been able to provide his family with the basic necessities of life.

His primary challenge is limited capital to meet all his customers’ demands, which ultimately limits his profits and his ability to invest in his business and home life. Therefore Grace is applying for a loan of 4,000,0000 Ugandan Shillings (UGX) to buy more stock for his business so that he can better meet his customers' needs.

His dream is to see his business grow from a retail to a wholesale shop.


Loan details

Loan length:

14 months
Disbursed date: June 10, 2014
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: June 10, 2014
Facilitated by Field Partner: UGAFODE Microfinance Limited