Stories of Success 2016
Kaaya John makes and sells Chapati at Namataba Trading Centre
His loan allowed him to buy larger quantities of wheat and cooking oil so that he can make a profit on the food he is selling.
With new found bargaining power he is buying food stuffs like Matooke, potatoes, and Cassava from the villages selling them to the households within Namataba. This means he can now pay the rent and has been able to buy household items like sofa chairs, a radio and television. He is also to look after his parents by meeting the few basic necessities of life like medication..
All in all his business is doing well and he is hoping to open up another Chapati making and selling branch in another sub locality.
and food.
His loan allowed him to buy larger quantities of wheat and cooking oil so that he can make a profit on the food he is selling.
With new found bargaining power he is buying food stuffs like Matooke, potatoes, and Cassava from the villages selling them to the households within Namataba. This means he can now pay the rent and has been able to buy household items like sofa chairs, a radio and television. He is also to look after his parents by meeting the few basic necessities of life like medication..
All in all his business is doing well and he is hoping to open up another Chapati making and selling branch in another sub locality.
and food.
Alwayo Moses is based in Namawojjolo Village. He manufactures local charcoal flat irons from locally manufactured materials that he procures from Kampala.
Like many people he had a good business idea but lacked the seed capital to start. When Capital for Life awarded him a loan he started by manufacturing 10-20 irons per week but as time went on and with more loans he has increased that figure to 50-100. Furthermore he has created vital employment opportunities to five local youths that work in the workshop.
From the profits generated from the business, he is able to feed and clothe his family and send his children to school. He has also acquired a plot of land on which he hopes to construct a permanent house and a workshop so that he can stop renting and in fact rent out part of the building himself. His goal is to become a landlord by the end of 2017.
Like many people he had a good business idea but lacked the seed capital to start. When Capital for Life awarded him a loan he started by manufacturing 10-20 irons per week but as time went on and with more loans he has increased that figure to 50-100. Furthermore he has created vital employment opportunities to five local youths that work in the workshop.
From the profits generated from the business, he is able to feed and clothe his family and send his children to school. He has also acquired a plot of land on which he hopes to construct a permanent house and a workshop so that he can stop renting and in fact rent out part of the building himself. His goal is to become a landlord by the end of 2017.