Bugwere Market Vendors Appeal for Bailout

1627 Views Mbale, Eastern Region, Uganda

In short
Moses Musayi, the chairperson Bugwere Road Market says almost all affected vendors need a financial push in order to resume business adding that majority of them were depending on loans obtained from various banks. The market has 630 vendors, dealing in a variety of goods.

Vendors in Bugwere roadside market in Mbale town are appealing for a financial bailout following a fire that destroyed the facility last week.

The fire that reduced the 18-year old structure to ash was blamed on an illegal power connection.

Moses Musayi, the chairperson Bugwere Road Market says almost all affected vendors need a financial push in order to resume business adding that majority of them were depending on loans obtained from various banks. The market has 630 vendors, dealing in a variety of goods.

Musayi explained that the banks have not paused loan repayment schedules for the affected persons despite the tragedy.
 
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Mbale Municipal Mayor Mafabi Mutwalib described the fire as a big loss to the municipal council. He, however, said that the council would soon sit to discuss the issue and how to help the affected vendors.
 
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Rose Lumonya, a business woman dealing with second-hand clothes told URN that she lost goods worth over two million Shillings.  Another vendor Margaret Namataka, a mother of eight said she lost goods worth more than eight million Shillings in the fire and is now stranded with no capital to resume operations.

 

About the author

Salume Among
Salume Among is the Mbale URN bureau chief. Among has been a URN staff member since 2012.

Among started her career in 2000 as a freelance writer for Etop newspaper before starting to write for its mother paper, The New Vision. She also wrote for the Vision Group's XFM radio station from 2008 until she left to join URN.

Among has a keen interest in local politics having been a youth representative in the Soroti variously between 1996 and 2010. Among also regularly reports on health, education, the environment and sports.