• Linda And William Fischbach
  • Anonymous

2 people are supporting Ida Babirye

Ida Babirye

City: Kakira Jinja Country: Uganda Loan Use: Additional capital
Loan Term: 36 Date Posted: April 16, 2018 First Repayment: February 08, 2018
Opportunity International Client Ida Babirye

Ida lives in Kakira, Uganda with her husband and their five children. Ida runs a small grocery selling produce, snacks, and convenience items. As her children grew older, educational costs began to mount, which put pressure on the family budget. Ida was concerned her store wouldn’t be able to expand to meet the evolving needs of her family—and began to fear for their future. If they fell into poverty and weren’t able to educate their children, her children would be set back, and risk only compounding the problem for years, maybe even a generation to come. When Ida learned about the programs offered through Opportunity International, her fears began to fade. Ida received valuable financial training a small loan to invest in her store. She applied her training and loan into smart investments that would allow her to expand her store while increasing its profitability. Adopting these practices along with some smarter self-management has allowed Ida to keep her kids in school while also improving their standard of living. Ida wants to continue her own education to one day become a wholesale trader and hopefully build a house 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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