Updated: Aug 24, 2019
NALWANGA SAIDAT BORROWS $ 137 USD TO EXPAND HER SMALL BOUTIQUE BUSINESS.
Nalwanga Saidat is a single mother who has been in this business of selling second hand clothes for two years. In her community, women couldn’t afford very expensive clothes in big towns which motivated her to start this small business of second hand clothes to be able to meet their needs despite the little capital she has been using to go and purchase these clothes in town.
With the money she makes, she tries to support her children by feeding, dressing and taking them to school.
The six month loan of 500,000shillings ($137USD) at 21% fixed interest rate will allow her to double her income and expand her small boutique business by buying new stock and be able to meet her customer demands. Right now she is suffering from stock-outs which are costing her money because she doesn’t have enough stock and this also costs other people in her village, because they have to travel at higher costs to go to big towns to get clothes.
The expansion of her business will also help the women in her community to improve on their smartness and fashion at affordable prices.
AMINAH A SMALL BOUTIQUE OWNER BORROWS $137USD TO EXPAND AND BEAUTIFY HER BUSINESS.
Namuddu Aminah who is married with five children has been in this business of selling clothes for one and a half years. She is so much passionate about her business and that’s why she is taking a loan to expand and beautify her boutique, so as to look more attractive and stocked to meet her customer’s demands.
With the money she makes, it helps her feed her family, cater for the siblings back in the village and her aging mother
The six month loan of 500,000shillings ($137USD) at 21% fixed interest rate will allow her to double her income and expand her small boutique business by buying new stock and beautifying the place. Right now she is suffering from stock-outs and her business is not that much attractive like she wishes which is costing her money because she cannot meet her customers demands which puts her on risk of losing them. This will help people in the community to have access to the clothes of their choice without moving to the city which is long and costly.
A MARKET VENDOR FINDS A WAY TO EDUCATE AND FEED HER CHILDREN.
Nakitto Rose, who is a single mother, struggles to educate and feed her family with the little income she gets from her business.
She decides to take a six month loan of 500,000shillings($137USD) at a 21% fixed rate to expand her business and increase her income so as to be able to cater for her family and meet her customer’s demands who need the vegetables and fruits for home consumption and small restaurants, used on a daily basis.
This will help people in her community not to move far distances daily and this will save them time and money.
A SMALL SCALE MUSHROOM FARMER EXPANDS HER BUSINESS WITH A LOAN.
Milly is married with three kids and has been in this business for one year.
She decides to take a 500,000shillings ($137USD) to expand her business. Right now she has no money to buy more seedlings and the farming place is very congested and this denies her room to expand. Milly wants expansion so as to be able to supply the people in her community with enough mushrooms at any time demand arises.
The expansion will help in the development and growth of the village because they are supporting each other financially and the people will not only be saved from long distances but also wastage of money for transport.
A NURSE BORROWS $219USD TO EXPAND HER BUSINESS.
Nalugo Aisha, a mother of two children ,has been a nurse for over 10years but started up a drug shop two years ago. She is so much passionate about serving people in her community despite the fact that she has no enough capital to inject in her business.
She decides to take up 800,000shillings (219.2USD) loan to buy more medical requirements and drugs for her patients.
This will help the community to get immediate treatment and other medical services they need as they don’t need to move long distances seeking for medical attention.
A FRUITS SELLER BORROWS ($82USD) TO EXPAND HER BUSINESS.
Nagujja Salima is married with three kids and has been in this business for one year. She decides to take a 300,000shillings ($82.2USD) to buy more stock and put-up a more attractive fruit and fish stall.
This will help the community to get the fruits and fish on a daily basis easily hence avoiding long distances to big markets that is very costly and time consuming.
A WIDOW BORROWS $219USD TO BUY MORE SERVING UTENSILS AND COOKING EQUIPMENT S TO BOOST HER OUTSIDE CATERING BUSINESS.
Nabiseere Aminah has been in this business for four years ever since she lost her husband. She is being hired to do outside catering (providing food services) on different types of functions. She is in need of this six month 800,000 shillings (219USD) loan to buy more serving utensils and cooking equipment s to meet her customer’s expectations. The community will benefit in the way that,the people there can hire someone in their locality at cheaper prices than transporting expensive service providers from cities, hence reducing on the their expenses and time spent traveling.
A CHARCOAL SELLER BORROWS $164USD TO EXPAND HER BUSINESS.
Nabukenya Justine has been selling charcoal for one year to earn a living. She decides on taking 600,000 shillings ($164USD) at 21% interest rate to set up a temporary structure in order to protect her charcoal from heavy rains and also buy new stock.
This will help the people in the community who use this charcoal for cooking to get it in any measures no matter the weather.
A DIVORCED MOTHER OF TWINS VENDS CLOTHES IN DIFFERENT MARKETS FOR A LIVING.
Namayanja Francis a divorced mother of twins finds a hard time taking care of her children with the less income she gets from vending clothes. She decides on taking a six month loan of 500,000shillings($137USD) at a 21% fixed rate in order to rent a place where she can put her business and get stationed in one place which will help her to take care of her young twins and bring services near to her customers in her village.
Her being stationed in one place, will help the people in the community to get services whenever they need them and not waiting for too long to access her.