Retail shop

Sylvia Nampiima
Loan group 
Mpaata group Mpaata 1007
Sector 
Retail (shop-focused)
Disbursement date 
09/07/2018
Repayment frequency 
Weekly
Expected end date 
08/07/2019
Business plan 
Sylvia has a small shop that deals in domestic essentials that are needed in day to day people’s lives; she buys her items from Kisoga town from the whole sale shops and later transports them on a motorcycle that she does not pay since it’s for her husband hence saving on transport expenses. However, Sylvia says that since there are not many shops in the area, she gets plenty of customers and thus she is forced to buy items twice in a week which is rather disturbing because she does not have enough money to stock the items once and so she has decided to take out a loan such that she can be able to buy in bulk and be able to supply her customers efficiently and also earn more profits to start her own whole sale shop in her area such that other retail shop owners don’t have to travel all the way to Kisoga to buy items since they would be able to buy from her
Personal situation 
Sylvia says that she was in senior three when her father passed away and so there was no one else to pay for her school fees since her mother was also sick with cancer and could not manage to work and her relatives were also very poor so she dropped out of school. She later stayed at home to look after her sick mother and after 1 year, her mother also passed away so she decided that it was time for her to look for a man to take care of her and thus she got married and later the husband gave her money to start her business.
$417
Date of birth 
1985
Children 
4

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