Loans for funding


Nakimbugwe Haawa
She needs a loan to buy more stock items such as a box of tomatoes, green peppers, carrots, onions, avocado, frying pans, backets, sissal strings, food containers, hangers, bee honey, rat traps, plastic cups and more pieces of clay products like charcoal stove. Most of these stock items are perishable and cannot stay on the stall for so long. She buys those items in relatively small quantities directly proportional to the anticipated demand in Kajjansi market so that can be bought in two or three days before they go bad since traders in the market have no cooling rooms for such perishables. So, there is a risk potential where vegetables can go bad, business may loose customer goodwill, sales go down and eventually face delinquent challenges in paying back the loan. The additional stock items purchased using a group loan will help the business to be fully stocked with all items, attract customers and increase daily sales. As the business progresses, she will be able to increase on her income and business growth. This is Haawa's second loan with Sseguku Microfinance.
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23/05/2019
UGX 1,200,000
1 / 24 Weekly
87.58 %
9.71 % Still funding

Nabagala Phiona
She needs a business loan to buy a box of tomatoes, green peppers, carrots, onions and fruits like passion fruits, pineapples, 30 units of watermelon, oranges, mangoes, pumpkins and frying pans. She restocks the business in small quantities twice a week in line with the demand in the market so that can be bought fast before they go bad since traders in the market have no cooling rooms for such perishables. So, there is a risk potential where vegetables can go bad, business may loose customer goodwill, sales may go down and eventually face delinquent challenges in paying back the loan. The additional stock items purchased using a group loan will help the business to be fully stocked with all items, attract more customers and increase daily sales. As the business carries on, she will be able to increase on her income and business growth. This is Phionah's second loan with Sseguku Microfinance.
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23/05/2019
UGX 600,000
1 / 24 Weekly
68.45 %
5.98 % Still funding

Nantongo Rose
She is up for a group business loan to buy more stock items of smoked fish of types Tilapia, Nile perch and silver fish. She buys fish in small quantities to match the demand in the market. So, there is a risk potential where fish can go bad, in case of under size fish, the stock can be seized by the fisheries authority, sales may go down and  face loan repayment problems. The additional stock will help the business to be fully stocked with smoked fish and increase on daily sales. As the business progresses, she will be able to earn a better income and expand the business. This is Rose's second loan with Sseguku Microfinance.
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23/05/2019
UGX 1,100,000
1 / 24 Weekly
27.27 %
13.00 % Still funding