Margaret Namyalo

Thank you for your loan. It has been disbursed to Margaret Namyalo by Pearl Microfinance Limited in Uganda. We are excited to watch this business grow. Over the next 6 - 12 months, Pearl Microfinance Limited will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Margaret Namyalo is single mother of 3 of her children and 3 orphans. She runs the 10 year old Racheal Restaurant in Kayunga that serves delicious traditional dishes of posho, cassava, matooke, sweet potatoes and rice, served with various sauce of chicken stew, beef, ground nut paste mixed with dried and smoked fish, beans and peas. Surely it’s a variety with prices that are pocket friendly hence royal customers. One interesting bit about her is that she knows almost all her customers except for the new ones that come in every day; meaning her weekly profits are usually not so different from $30. The loans have enabled her to always have enough for her customers by even stocking if need arises and she has been able to service her loans easily. At times she will even get a loan to cater for her children’s school fees as long as the restaurant is up and kicking. Margaret has big dreams of shifting her restaurant to the town centre of Kayunga and once there is determination, nothing can fail. Kiva Lenders are a bomb. Surely it’s hard for one to constantly give you an interest free loan like Kiva. Thank you.