The project

With a loan of EUR 115,000 EFC will be able to finance 6 entrepreneurs in Uganda:

Charles Kato Walugembe is a seasoned business man that started off with a very small trading business in 1998 and now has set up his own manufacturing company with the key product being curry powder that is mainly used while cooking by the low-income earners. Charles turns over Ugx 1.7 billion per annum and employees over 30 people. He is seeking a working capital loan of Ugx 83million.

Zzimula Kasirye has been in business for the last 17 years manufacturing local ovens and stoves that save on fuel consumption branded Kowe stoves. He turns over Ugx 2.3 billion per annum and employees 43 people. He is seeking for a working capital loan of Ugx 83 million to boost his business.

Ibrahim Mukasa operates a super market and turns over Ugx 894 million per annum. He employees 8 people and has now opened a new branch within town where he is seeking working capital of Ugx 83 million. This will also provide jobs for 4 people.

Monica Mukuru Beijuka runs a super market in Mukono and turns over Ugx 712 million per annum. She employees 7 people and opened a new outlet in Kireka four months ago. She is seeking for a working capital of Ugx 80 million to boost this new outlet.

Sarah Evelyne Muwonge Nkonge is an established real estate business woman. She operates students’ hostels and a shopping mall. Sarah turns overs Ugx 1.4 billion per annum and employees over 25 people. She is in need of a loan to renovate one of the students’ hostel of Ugx 83 million

Robert Mugabi operates a tour and travel transport business for the last 13 years. He has a fleet of 11 cars and employees 16 people. He turns over Ugx 412 million per annum. He is seeking a loan of Ugx 70 million to complete a purchase of a truck.