Teddy Mushabe's Group

Mushabe Teddy is the leader of her lending group in Ibanda. She is a hard working businesswoman who has had a business selling matooke (plantain) from Katojo Cell for seven years. She is married with seven children and they are at the university and in secondary schools. Her business profits of 170,000/= a month give her a chance to pay their school fees.

Teddy ensures that she has good produce for sale and this gives her a chance to maximize her products depending on her stock and capital. She would like to make more profits as well as have a happy and healthy family.

Teddy needs a loan to be able to improve on her banana plantation by buying manure and fertilizer for a better output. She is grateful for the previous loans because they have helped so much in her business and family welfare.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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