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2 people are supporting Hanifa Namugenyi

Hanifa Namugenyi

City: Nyendo, Masaka District Country: Uganda Loan Use: Capital for business expansion
Loan Term: 24 Date Posted:  First Repayment: March 11, 2019
Opportunity International Client Hanifa  Namugenyi

Hardworking entrepreneur and mother of 5, Hanifa Namugenyi, lives in Nyendo, Uganda with her husband, Muyunga Rashid, and their children. For years, Hanifa has owned a convenience shop at the local trading center, where she sells a variety of everyday goods and household necessities. Despite her resourcefulness and loyal customers, it hasn’t always been easy for Hanifa to grow her business. Despite her dream of growing her shop into a wholesale trading business, she struggled to gain the necessary capital. One day, Hanifa heard her friend talking about how Opportunity international has helped their businesses grow, and she looked into acquiring a loan for her own business. Hanifa received financial training and a loan to purchase inventory in bulk for her store. With more inventory on her shelves, Hanifa has seen an increase in her sales and growth in her business. She has even been able to hire an employee to help around the shop. Hanifa is moving closer every day to her dream of transitioning her retail shop into a wholesale business.

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.

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