When Robert Ssembatya borrowed 50 million shillings to start his dream business in Kampala, Uganda, he believed his life was finally about to change. Robert had planned carefully, studied the market, and even consulted experienced businesspeople. The business opened well, customers came in during the first few days, and hope filled his heart. He was confident he would repay the loan quickly and secure his future. Unfortunately, that hope did not last long.
Within a short time, everything started going wrong without clear explanation. Customers suddenly stopped coming. Stock began expiring on the shelves. Workers became careless and dishonest. Unexpected losses appeared daily, and suppliers demanded payment aggressively. Robert tried promotions, discounts, and even changing business strategies, but nothing worked. In less than two months, the business collapsed completely. The shop was empty, debts were growing, and lenders were threatening him day and night. Get full story here.
