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Labrish
Nyuuz
Byamukama Abel grows Klean Star with an Equity loan
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[QUOTE="Munyaradzi Mafaro, post: 70129, member: 636"] Byamukama Abel has built Klean Star Products from a struggling startup into a multi-branch enterprise operating across 11 Ugandan districts after accessing progressive financing through Equity Bank. The 29-year-old entrepreneur from Fort Portal City began manufacturing liquid soap eight years ago with just 40,000 shillings, hawking products in recycled bottles before securing his first youth loan of 2.5 million shillings. Sequential loans totaling up to 5 million shillings enabled Abel to expand production capacity and diversify into body lotions, candles, shampoo and bar soap while establishing branches in Kyenjojo and Mbarara. The company supplies hotels, supermarkets and factories while employing eight full-time staff members. Abel has reinvested profits into livestock farming with 10 cows in Ntungamo, land acquisition and distribution vehicles. His capital base has grown from 1.5 million to 40 million shillings, with ambitions to develop a factory supplying products across Uganda and neighboring markets. [/QUOTE]
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Nyuuz
Byamukama Abel grows Klean Star with an Equity loan
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