Name: Alfred Oketh
Age: 22 years
Region: West Nile
Business Sector: Manufactures Energy saving stoves
Growth trajectory: Has grown his investment into a venture worth UGX6M
Alfred at his work station in Acholi.
“I started working part-time at the age of 15 while I was also studying. I used my wages to pay for my school fees. I attended the Enterprise Uganda training during my S.6 vacation. During the training, I learnt that I had capital in my head. That, to me, was the turning point!”, notes Alfred.
“I quit my part-time job and opened up a workshop with savings of only UGX 120,000. My brother also gave me a loan of UGX 140,000. I started manufacturing energy-saving stoves and selling them locally. I was lucky to get a contract from Congo to supply 200 energy-saving stoves and that further boosted my business”, Alfred says.
“My sales have continued to increase, and my estimated business value is now UGX 6 million. “People now look at me as someone here in Parombo town,” he notes with pride.