Loans for funding


Ssebanyiga Christopher
Christopher needs a loan to expand his charcoal stall business.  The current stock stands at 40 sacks of charcoal and he wants to increase it to a tune of 80 bags. He is a charcoal wholesaler who targets small quantity distrubutors and end users. Currently a sack (75 Kg) of charcoal is trading between UGX 75,000 ($20) to UGX 95,000 ($26) depending on the trading center. The business is lucrative since it's the cheapest source of energy for household use especially cooking in the peri-urban areas like Kajjansi town council.  He also runs an additional business of brick laying where he employs temporary labourers, hires transport companies to deliver materials like firewood for baking bricks. Charcoal business contributes 54% of his income while brick laying earns him 46% per month.
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03/11/2020
UGX 1,000,000
1 / 24 Weekly
10.00 %
13.00 % Still seeking more bids

Nabwato Dorothy
Dorothy needs a group loan to start a mobile money business using two telephone lines for Mobile Telecommunication Network (MTN) and Airtel companies. It's a new business where she will be employed herself full time. The raw food and vegetable stall also employs one person and it's the principal business that's going to service this loan as she is setting up a mobile money business. MTN line for mobile money will cost UGX 200,000/ ($54) while Airtel may cost UGX 180,000/($49). The balance will be used for float (digital money) and physical cash to those who want to withdraw. She is expecting to earn UGX 60,000/ ($16) per day. The business is exposed to a risk of people who are circulating counterfeit money but she will install a counterfeit money detector machine to mitigate the risk and at a less extent the business may face robbery due to cash held at the counter.
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03/11/2020
UGX 1,000,000
1 / 24 Weekly
0.00 %
No bids yet

Nakimuli Ritah
Ritah needs a group loan to incresease on her business stock of charcoal. The current stock stands at 7 sacks. She wants to buy more eight (8) sacks of charcoal to increase the stock to 15 sacks. She sells charcoal to individual customers from small quantities like tins of UGX 1,000/ ($0.27) up to a full sack of UGX 95,000/ ($26). The additional vegetable stall business contributes 15% of her income while charcoal stall earns her 85%.
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03/11/2020
UGX 400,000
1 / 24 Weekly
0.00 %
No bids yet

Nanyonjo Margret Kazibwe
Margret is operating a sewing machine to repair clothes and make new ones for sale. She needs a group loan to increase on the business stock with 6 pieces of bitenge materials of different colours and patterns, women accessories such as ear rings, bangle, necklaces, braces etc. and gomesis (Uganda traditional women wear). She is employed by this business on full time. She also sells fruit juice which earns her extra income. All her business undertakings are okay.
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03/11/2020
UGX 1,000,000
1 / 24 Weekly
0.00 %
No bids yet

Mucunguzi Alex
Alex needs a loan to expand his newly established shoes business stall with additional carton of shoes. This business is located in Nabugabo market in Kampala city center opposite New Taxi park on Nabugabo road. After deploying this loan, he will earn extra income of UGX 1,270,000/ ($344) per month. He also runs a chapatti stall as additional business and is employing one person to take care of it. This business contributes 50% of his income while the Shoes stall earns him 50% too but it has a huge potential to grow in the near future.
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03/11/2020
UGX 1,000,000
1 / 24 Weekly
0.00 %
No bids yet

Nakajiri Harriet
Harriet needs a group loan to purchase more stock items to expand the business. The stock almost got depleted during the lockdown period. Stock items to be purchased include a box of tomatoes, tin of onions, 3 bunches of sweet bananas, basket of orranges and 10 pieces of bark clothes. The business generates a net sales income of UGX 300,000/ ($81) per month and this loan is to rejuvinate this business from this down turn.
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03/11/2020
UGX 400,000
1 / 24 Weekly
10.00 %
13.00 % Still seeking more bids