Business Vocational School
Loan request 2 500 000 UGX (€ 580)
Loan Term 2 years
Age 36
Family Married with three children
Funded 40%

Business

Steven runs a school of technology and management that provides ICT knowledge to children, youth, and adults, as well as business management skills to entrepreneurs. He has been running his vocational school since 2004, especially to help school dropouts. Subjects that are taught include computer technics, computer science, accounting and financial management, and entrepreneurship. Steven also provides consulting services and advises students and other clients on how to become more efficient and improve business revenues. Finally, Steven helps graduate students in accounting find internships through linking them with entrepreneurs who are in need of their services.

Loan purpose

Through his students, Steven realizes the shortcomings of many local businesses in keeping records of income and expenses and he has decided to print a prototype book on record keeping to help entrepreneurs improve their business accounting and management. His book is already being successfully sold and he requires a loan to keep printing copies. The profits are intended to be reinvested in his vocational school.

Loan history with CML

YearLoan sizeLoan termRepayment history
 2012 1 500 000 UGX 12  months Fully repaid
2014 2 000 000 12 months Fully repaid

Be a lender without borders

Uganda is a country full of potential ready to be unleashed. Take the opportunity to do socially beneficial investments with a competitive interest rate.