13 Sep
  • By Baylor
  • Cause in

Wilfred Kakuba Benefits From Baylor’s Empowerment Scheme

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CHAIR PERSONAgaliAwamu Saving Group
My name is Kakuba Wilfred, I stay with my wife and two children in Ndejje, an area off Entebbe road. My wife and son are HIV positive.
I am an engineer by profession and for some time I built houses for a living. However, getting contracts was always hard, because of thedeep seated corruption in the country. I sometimes walked 15km from Ndejje to Baylor clinic to get medicine for son and bedridden wife. Through Baylor’s empowerment scheme, I received knowledge and skills on entrepreneurship and In 2015 I decided to start my own business. I thought the charcoal business would be profitable since every household uses charcoal on a daily basis. And so with the 200,000Ugx I had from personal savings, I bought four bags of charcoal. I bought each bag at 50,000Ugx and sold the charcoal in small quantities to the community. From each bag, I got a profit of 20,000Ugx Later, I got a loan of 500,000Ugx from Opportunity Bank and purchased over 10 bags of charcoal at 50,000Ugx and sold each bag at 60,000Ugx


I managed to pay off this loan and applied for another. In 2016 I got an 800,000Ugx loan, this made it possible for me to purchase over 50 bags of charcoal which gave a tremendous boost to my business. That month, I got 500,000Ugx in profits. With more money at my disposal, I used 300,000Ugx to buy mushrooms that were nearing maturity.  The mushrooms were ready for sale after just one week and I got a profit of 300,000Ugx from the sales. This is not only a source of additional income but food for my family and me.
I no longer need to get another loan. With this program, if a person is serious, the first loans are enough.
I now have transport, I can take care of home expenditures and also take care of my children,Isaac Newton Kitimbo (11yrs) and Kwagala Sharon Kakuba (16yrs)

.Additionally, I take care of 4 other children from my extended family in the village. So right now, I am able to take care of a total 6 children and my wife. I am happy! I want to work with Baylor to see that more people from the savings group are trained in this very lucrative business of mushroom growing.

 

 

 

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