NEW LOCAL PARTNER
Entrepreneur 1 - Kibirige Ali
Started with transport business in 2009 and has since expanded into putting up low cost houses for low income earners. The entrepreneur has set up several rental houses to provide accomodation for the poor. He currently employes five (5) people to support him in the day to day operations of his business.
The funds are to enable him complete a set of new low cost houses for rental purposes for the poor. The houses are located in kasenge,nsagu found in the outskirts of kampala.The entreprenuer has over 70 housing units,each at a cost of UGX120,000 per month,giving an annaul turn over of UGX 100,800,000.
Entrepreneur 2 - Jamada Luwano
the client has 38 housing units for both low income earners and middle lever income earners in luzira, kitintale and Mutungo all suburbs of Kampala. He has been in business since 1999 having started from trading business in general merchandise.
The purpose of the loan is to complete a new set of rental units in Luzira. The entrepreneur is ambition to grow in this industry of hospitality by providing affordable accomodation to the poor. Entreprenuer has an annual turnover of Ugx 115M
Entrepreneur 3 - Njagala Mohammad
The entrepreneur has been in business for the last 15 years in trading business of general construction hardward. The business has grown from scratch and now has got 5 business outlets in Natete, Zana, Buloba, Namasuba, and Mukono. All being major business centres in the outskirts of Kampala city. Mohammad has over 20 employees supporting him in running the different outlets.
Mohammad has now put up a commercial property that will be used for renting out having over 30 shops for generating more income. He will also expand with a shop on the same building. The purpose of the loan is for construction completion of the commercial property. Business has an annual turnover of Ugx 1.5 Billion
Enrepreneur 4 - Isiiko Nathan
Nathan owns and runs a school called Vibrant Primary school located at Nalumunye –Bandwe. He started the business over 7 years ago but was not yet fully registered. In 2015, the school was fully registed with two directors: Stella Namutamba and Nathan Isiiko. The school has 378 children and employs over 35 staff including both teaching and non-teaching.
The entrepreneurs are aiming at expanding on the school facilities to be able to accomodate more children. The funds will therefore be used to complete a class room block. The business has an annual turnover of Ugx 795,000,000
Entrepreneur 5 - Semakula Mesach
The entrepreneur is an afro pop music artist that started his career while still very young and performed under several successful music bands like Eagles production and golden production. He has been in this industry for now 15 years and has turned out to be one of the most influential music artists among the youths who uses music to pass on educational pieces and cultural messages. Mesach now has 14 employees who provide support in his music business.
The entrepreneur has built a modern music studio that he needs funding to complete construction works. This will enable him shift from the currently rented music studios to a permanent home for his music and productions. The business makes an annual turnover of Ugx 625 Billion