Give
  • Linda And William Fischbach
  • Anonymous
  • Bo Huang

3 people are supporting Damalie Ntalo

Damalie Ntalo

City: Kaliro Road, Iganga District Country: Uganda Loan Use: To increase her working capital
Loan Term: 24 Date Posted: February 06, 2019 First Repayment: December 12, 2018
Opportunity International Client Damalie Ntalo

Damalie is a single mother of four, who lives with her family in Iganga, Uganda, where she sells vegetables and fruits for a living. Her biggest challenge is that her small income goes directly to supporting her family and paying for her children's school fees, leaving nothing to reinvest back into her business. Damalie has struggled to grow her business and was worried she would never be able to help her family improve their financial situation. One day she met an Opportunity International employee who told her about the programs and services that were available to her. She knew this was the solution she had been hoping for. Damalie used her loan to purchase a wider variety of items to sell in her store, resulting in increasing profits and a stronger sense of financial stability. She is able to pay her children's school fees, provide for their daily needs, and pay her rent on time. She has even begun to save for the future! Damalie dreams of expanding her business even more, and constructing rental units to diversify her income and ensure her children's school fees are covered up to the university level.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

powered by Olark live chat software