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9 people are supporting Veronica Nabawesi

Veronica Nabawesi

City: Jinja Country: Uganda Loan Use: Add stock and pay school fees
Loan Term: 37 Date Posted: Jun. 06, 2016 First Repayment: Dec. 22, 2015
Opportunity International Client Veronica Nabawesi

Veronica Nabawesi lives with her husband and their 7 children in Jinja, Uganda where she runs a retail store. She started her business over 20 years ago with her own savings, selling a wide variety of groceries, household goods and produce at her store to provide for her family. However, Veronica found that she was not earning enough income to sustain her business and to meet her family’s needs.

Veronica became an Opportunity International client 17 years ago after a friend encouraged her to join, and she has used numerous loans to purchase stock for her store, to pay her children’s school fees and to buy livestock, such as goats and pigs. She plans on using her current loan to pay her children’s school fees and to purchase stock for her store in bulk, which will help her meet more customers’ needs and increase her profits. Veronica hopes to eventually open a wholesale business and to build housing that she can rent out so she can diversify her income and give her children the best education she can afford.

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 clients loan was dispursed, so that it can help fund more loans. Your inital gift continues to have an impact after the first loan is repaid.