Sylvia Nakanwagi, a 38-year-old entrepreneur and mother of three, exemplifies the transformative power of Lecole Finance’s support. Before joining Lecole in 2023, Sylvia was running a small kiosk in Mitala Maria, selling soft drinks. Her dream was to establish a boutique selling clothes, but she lacked the necessary capital to turn her ambition into reality.
Through Lecole Finance, Sylvia accessed her first loan of 500,000 UGX. Today, she is on her fifth loan cycle and has grown her business significantly.
Sylvia’s success demonstrates how Lecole Finance’s tailored financial solutions empower entrepreneurs to achieve their goals, improve their livelihoods, and create lasting impact for their families and communities.
She proudly shares:
I was able to set up my boutique and have expanded it gradually through the loans I’ve acquired from Lecole Finance. My business is thriving. I started with an operating capital of 500,000 UGX, and now I have accumulated 3.5 million UGX. I am able to contribute nearly 50% towards our family's needs, including feeding, clothing, and paying school fees for our children.
