“I used to take about 8 bottles of beer, but now, I only take water to save the money for my business. It used to cost me 3000 shillings times 8 bottles in 30 days, you can imagine that’s a lot of money which can cater for other things. Before we suffered in the hands of banks, we applied for loans, but we were never given.
After the ADC training, we sat down as a cooperative and decided that everyone contributes a shilling from the produce, we save it at cooperative level. As I talk now, we have saved 5 million shillings in our account and we have a good relationship with the DFCU bank now. They are so willing to give us money because we are more organized, we don’t delay, and they don’t delay serving us as a cooperative”
FRANCIS AYO
Adolo Amido Coperative
Related Posts
Misusing money
“The Simu+ has not only helped me as a person but also my business. I am right now encouraging other people to finish the training so that they know how to do bookkeeping and avoid misusing money”...
Our portfolio has grown to Shs. 5 Billion
“We have seen our growth through the training’s ADC has been giving us. We started working with Raba Foundation 5-year back with our first loan of 250 million which increased our net income and...