PEOPLE'S STANDARDS OF LIVING IMPROVED WITH LOANS
A SMALL LOCAL RESTAURANT OWNER CHANGES HER LIFE
Kabalodi Annet has owned this small local restaurant for two years, and is married with three children. She uses the money she makes to support her family, feeding and clothing them.
Annet sells delicious and affordable food to the local people who cannot afford big and expensive restaurants.
The six month loan of 500,000shillings ($137USD) at 21% fixed interest rate will allow her income to increase, because she will be able to buy more chairs, tables and get good kitchen .she is now congested, has no space for a kitchen and she is unable to accommodate her clients leading to decrease in profits as she will be getting limited customers.
Annet’s acquired loan for her business will benefit the people in her community in a way that they will be able to get meals daily and at affordable prices without moving to neighboring villages or even spending on expensive hotels that are out of their budget that would leave them bankrupt.
MARKET VENDOR GETS LOAN FOR EXPANSION
Ainomugisha Jacqueline is a separated mother of four children, she has been in her business for one year, and is very much passionate about it Jacqueline educates and feeds her children with the money she makes.
Jacqueline is lately suffering from stock outs, as u can see her stall is almost empty losing customers’ thus low profits.
The six month loan of 500,000shillings ($137USD) at 21% fixed interest rate will allow her to double her income by buying more stock like fruits ,vegetables and more food stuffs that will increase her income
This will help people in the community to get the food stuffs and vegetables on a daily basis at any time of need and this saves them money and time spent on moving to distant markets.
MARKET VENDOR IMPROVES HER LIFE WITH $137USD LOAN
Nakalema Aminah has vended in Katooke market for three years and is married with two children, she is so much passionate about her job that she has been able to take care of her family with the money she makes.
With this six months loan of 500,000shillings ($137USD) at 21% fixed interest rate will allow her to buy more tomatoes and bananas and double her income hence expanding her business. Right now, she has less stock which makes the consistence of her customers difficult.
Her expansion will help people in the community to get the tomatoes and bananas at all the time without moving to the city which is long and costly.
RUTH SELLS WATER FOR A LIVING
Tumusiime Ruth is a widowed mother of two children and has been selling water for eight months ever since the loss of her husband. She has been able to feed her children and educate them although their school is on and off due to lack of enough school fees.
The six month loan of 500,000shillings ($137USD) at 21% fixed interest rate will help her to build the structure around it as an underground tank because as you can see, it’s not complete and its risky because the hole is not properly covered from the top .
Ruth is going to buy more jerricans and a bicycle so that she can even vend it to people in the neighborhood thus increasing her income and able to educate her children.
The people in her community will be able to get water all the time especially in dry season thus easing their lives.
RUTH GETS $137USD LOAN TO EXPAND HER BUSINESS
Bashemera Ruth is a single mother of two, vends under wear for both babies and women in her village. She moves from door to door selling underwear in her entire village every day.
Ruth has been able to feed, educate and take care of her family with the money she has been making for two years in business.
As u can see , she has almost no stock left and so she decided to take on a six months loan of 500,000shillings ($137USD) at 21% fixed interest rate in order to buy more stock and rent a place so that she can get stationed in one place which will be easy for customers' accessibility .
Ruth will benefit her community in a way that all people will know where to meet her and purchase the under wears as per their tastes and preferences.
SEBASTIAN TAKES $109USD LOAN TO EXPAND HIS BUSINESS
Buguzi Sebastian is a widowed father of three children and a home based business man who sells clothes at the balcony of his house. He has been in this business for over two years where he has been able to buy a motorcycle and take care of his family with the money he makes.
Sebastian decided to take on a six months loan of 400000 shillings ($109USD) at 21% fixed interest rate so as to buy more clothes and dummies. Because as you can see from the picture above, he has less clothes left and they are not well displayed.
The people in this community can easily buy clothes in all fashions and trends from him, if the business is well stocked than moving long distances to far towns and to expensive boutiques to buy clothes, and these will save them money and time thus a benefit to the community and Sebastian himself because his income will be increased.
A $164USD LOAN CHANGED HER LIFE
Namwase Joanita is married with two children, and sells timber for a living. Timber is used in constructions and making furniture.
For the two years she has been selling timber, Joanita has been able to feed her children and take care of her siblings with the money she makes.
The six month loan of 600,000shillings ($164USD) at 21% fixed interest rate, will help her to buy more timber and get fully stocked because customers normally purchase in big quantities and so Joanita’s expansion will increase her income.
The whole community will benefit since they will be able to buy timber in any quantities than going to bigger cities or even villages, that problem will be solved as she expands, and the people will be saved form wasting transport and time traveling long distances.
A SNACK VENDOR EDUCATES HER CHILDREN WITH $109USD LOAN
Tusiime Molly is married with three children, she is a snack vendor in Katooke village, and has done this business for two years.
With the money Molly makes, she has been able to take care of her family and her mother
Molly took on a six months loan of 400,000shillings ($109USD) at 21% fixed interest rate, which she is going to use buy more requirements used to make snacks, and expand her place of work so as to look more beautiful and attractive, because this attracts more customers to her business thus increase in her profits and income.
The community will benefit in a way that, they can get snacks which are eaten on a daily basis all the time than moving to far places which is costly.