Entrepreneur Financial Centre 3
With a loan of EUR 134,800 EFC will be able to provide working capital loans to 10 entrepreneurs, mainly traders in construction materials.
Fred has 2 outlets with an inventory that is approximately Ugx 150,000,000. He currently has 4 employees who help in the operation of the business.
The entrepreneur seeks to borrow Ugx 35 million for purposes of permanent working capital for his two shops
Dorothy Kampiire Kaberuka
Dorothy has been in trading business for the last 15 years specializing in general hardware items like tiles, plumbing materials, toilets, pipes nakasero.
Dorothy wants to borrow Ugx 86 million to help her solidify the second outlet with more permanent working capital and take advantage of the accelerated growth seen in Kinawataka.
The entrepreneur has been operating a small bakery for the last eight (8) years making confectionaries for school children, items for supermarket and other general trade shops.
Lubanga has 7 employees; 5 under the bakery and 2 in the agriculture business. Lubanga has applied for Ugx 86 million to support both with working capital and also replace some ovens and allow him meet the excess demand noticed within his clientele.
He has been operating a hard ware shop in Bwaise for the last 10 years. This is supported by his construction profession where he is fully active.
Medi is looking at growing his business to the next level and seek to acquire Ugx 40 million for purposes of increasing the business’ permanent working capital.
Andrew has got business experience of over 15 years in operating a hardware shop.
The entrepreneur is seeking funding of Ugx 40 million to inject more working capital and allow him take advantage of the excess construction demand raised in the area.
Andrew Musisi Kasule
The entrepreneur operates a business in Nabingo that deals in poultry and feeds.
Whereas Andrew has setup more chicken houses by himself, he needs more funding for permanent working capital in his poultry business and feeds.
Dan Mukiibi Kato
The entrepreneur operates a hardware outlet and major deals in paints, cement and iron bars.
The business currently has about Ugx 150m in stock and has an annual turnover of Ugx1.25 Billion. Dan employs 6 people in his day to day operations
Geoffrey imports and trades in leather from China and Turkey. He has been operating this business for the last 7 years here in Kibuli a suburb within Kampala.
The entrepreneur has applied for Ugx 60 million to increase on the working capital which has reduced due to a drain made while constructing his own business premises.
Noordin Masaba is 42 years old and established two (2) garages. One is located in Wakiso which is also his home area and the other in Gombe.
The entrepreneur wants Ugx 86 million to finance permanent working capital for his two garages which he is improving to gain a state of art that will have more services offered to the market and more so his existing clients.
He started out with a grocery shop in 2002 and later on moved into a super market in 2005 in Masajja.
The entrepreneur has approached EFC to provide working capital of Ugx 40million to meet payment of taxes for the forth coming consignment.
|Company name||Entrepreneur Financial Centre 3|
|Sector||Wholesale / Retail|
Entrepreneur Financial Centre (EFC) supports a wide range of entrepreneurs and agricultural cooperatives within different sectors in Uganda. Their loans enable job creation, working capital, and working material for underserved SMEs, allowing better living and working conditions within local communities. In Uganda, there's a strong demand for impact capital to enable organizational improvement and economic growth, helping the country reach its full economic potential
With this project you are contributing to the following Sustainable Development Goals:
SDG 1 - No poverty
SDG 8 - Decent work and economic growth
SDG 10 - Reduced inequalities
Read more about the impact you can make through our platform and the SDGs on our impact page.
Related blog posts
- One of the cooperatives that get's funding with EFC is a taxi park in Uganda. Read here about the importance of decent transportation in emerging markets.
- We even made an Impact Explainer video about the subject, watch here.
- Wondering which other microfinance institutions we have in our portfolio? Check them out here.
- With this investment 10 jobs are created
- With this investment 210 lives are improved