Nana Hostel (Uganda)
| | While supervising the construction of a hostel, Tom Kaaya noticed there was a gap in the market for university accommodation. He envisioned a hostel that would not only provide accommodation to students of the nearby Makerere University, but also provide a shopping arcade, restaurant and recreational amenities for the benefit of the surrounding community. |
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| GroFin recognised his potential as a seasoned entrepreneur with a business capable of making a profit year after year and provided him with enough finance to build a six storey hostel. |
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| A team of GroFin experts provided Tom with guidance on his business plan and on identifying a capable management team. |
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| With the help of GroFin to get the project off the ground, the hostel has been successfully built, with all rooms occupied. The team has grown from one entrepreneur with a vision to 50 permanent employees. After transforming Nana Hostel into a successful enterprise, the partnership continues. Tom has again approached GroFin for finance towards his transport business that he now wishes to establish.
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