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3 people are supporting Benadict Nambalirwa

Benadict Nambalirwa

City: Masese Jinja Country: Uganda Loan Use: Additional capital
Loan Term: 36 Date Posted: May 10, 2018 First Repayment: March 08, 2018
Opportunity International Client Benadict Nambalirwa

Benadict Nambalirwa is a hardworking mother of two who lives in Uganda. For the past few years, Benadict has owned and operated a beverage shop in her village, selling various types of soda, milk and water to locals. For some time, Benadict has been the primary financial supporter of her family, and despite her hard work, it hasn’t been easy. In fact, there was a time when she worried she would not be able to provide for the daily needs of her children. Everything began to change for Benadict when she joined Opportunity International. Benadict received financial training and a loan to invest in her business. With her additional capital, Benadict was able to purchase beverages in bulk, as well as two new refrigerators. With more beverages to sell and a greater diversity of products, Benadict was able to attract new customers and increase her sales. In addition to expanding her business, Benadict was able to use funds from her loan to pay for her children’s’ school fees and buy a plot of land. Down the road, Benadict plans to build rental units on this land as an additional source of income for her family. Thanks to the loan she received, Benadict will be able to grow her business while saving for her children’s futures.

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.