Margaret Kyome's Group

The group leader, Kyome Margaret, was unable to be in the group picture, but she is shown in the small picture on the upper left.

Kyome Margaret is a business lady with many businesses that she runs with the help of her children and other employed workers. Margaret is a widow. She has rental income bringing in a monthly fee. She has a hardware shop selling building materials. She makes pancakes for sale every day from her home as well as making juice from yellow bananas that she sells in jerry cans in Bakuli, Kampala. She decided to join all these businesses because she always wanted the best for herself and her family, especially after the death of her husband. Margaret is a hardworking and devoted lady.

Margaret is the leader of her lending group. She is one of the founding members of the group. She is grateful that she has been able to educate her children using proceeds from her businesses and, currently, she still has two children in school. Margaret needs a loan to help recapitalize her businesses, especially the hardware shop. She will buy ingredients for making the pancakes as well as more bananas for making the juice.





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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