She is looking for a group loan to purchase more stock items for the business such as 2 bags of sugar (50kg each), 2 Jerricans of cooking oil (20 Liters each) and bag of rice. Christine is a teacher and employees a shop attendant to run the business and pays her a monthly salary. She started the business in 2017 and it’s now two years in operation. The shop sells household ordinary consumable items and it’s strategically located in a fairly populated residential area. The demand is readily available in the area. There is no major risk for the business since the flow of stock has a high turnover.
Top up Loan
Christine is looking for a top up loan of UGX 300,000/ to invest in an addition business of mobile money servises using Airtel line. In the previous five months, she has been operating it by selling airtime and sales were promising. That's why she considered to seek for a top up loan.
Loan Topped up with USh 300,000
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Christine is a female client born in 19…, resident of Lweza “B” Cell. She is a professional teacher and operates a retail shop in the same place where she lives as her additional source of income.
Due diligence status
The name is in Luganda language and in English it means love. The members love to help one another to improve their financial health. The group is located East of Kajjansi town on the left-hand side of Entebbe road from the city center in Lweza “B” Cell (village). They are in particular situated at the peripheral of the village overlooking a newly developed housing estate of Lubowa.
Group members took on this name because all members in the group are women who appreciate themselves so well and came together to fight poverty and reduce on the gender gap in their community.