Lugoba A 2021(iv) Group

The group leader of this small group is Namusoke Peace. She is currently in the business of operating a drug shop and is requesting a loan of UGX 800,000 to purchase more drugs to sell. Namusoke is 39 years old and is married. She has 3 children ranging from age 3 to 7, all of whom go to school. Each week, Namusoke makes approximately UGX 50,000 in profit and combined with the extra profits from her loan, she hopes to be able to save it for future use. Namusoke is joined in her small group by Jane Namwanje, Ruth Nakku, Cathy Buyagwe, and Esther Balongo. Jane Namwanje is currently in the business of tailoring and is requesting a loan of UGX 400,000 to buy more cloth material.

Ruth Nakku is currently in the business of running a nursery school and is requesting a loan of UGX 800,000 to construct a new classroom.

Cathy Buyagwe is currently in the business of selling hardware and is requesting a loan of UGX 800000 to increase her stock. Esther Balongo is currently in the business of running a retail shop and is requesting a loan of UGX 500 000 to buy a fridge and increase stock.



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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