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1 person is supporting Beatrice Kabonesa

Beatrice Kabonesa

City: Karuma Dam, Kiryandongo District. Country: Uganda Loan Use: Capital for expansion
Loan Term: 24 Date Posted:  First Repayment: May 28, 2019
Opportunity International Client Beatrice Kabonesa

Beatrice Kabonesa is a school teacher and single mother living in the city of Karuma Dam, Uganda. Because her teacher’s salary was not enough to fully support her four children on her own, a few years ago Beatrice opened a restaurant to supplement her income. However, the restaurant only made a small profit, and she was using most of it to pay her employees. When one employee stole money from her, Beatrice worried that she would need to close the restaurant. Beatrice regained hope for her restaurant when she heard about the loan and valuable financial training she could receive from Opportunity International. With her loan, she purchased new cooking utensils and pots that allowed her to make her dishes in bulk. This has greatly increased Beatrice’s weekly sales, and now she has been able to afford all of her children’s daily necessities as well as their school fees easily. Beatrice dreams of expanding her restaurant to attract more customers so that she can save money to purchase rental units for another stable source of income for her family.

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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