A feel good, motivating story. It goes to show you don’t need much money to go into business. Start with something people need and take it from there.
Award-winning entrepreneur Andrew Mupuya was just 16 years old when he decided to take on the world. That was back in 2008, when both of Mupuya’s parents had lost their jobs and could only afford to cover his school fees. “I had to get to meet my basic needs by myself,” remembers the Ugandan businessman. “I decided to face the world alone.”
Inadvertently, the government of Uganda came to Mupuya’s aid. At the time, officials in the country announced that they were considering a ban on plastic bags to curb environmental damage. Mupuya, who was still in secondary school, immediately saw this as an opportunity to launch a paper bag production company. “I conducted a feasibility study, market research around retail shops, kiosks, supermarkets around Kampala and discovered there is need and potential market for paper bags.”
To start out his small operation, Mupuya figured out he needed a capital…
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