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Loy
M. Loy is a member of the Abateesa women's group. For three years, she has owned a depot in Kabowa where she sells soda, beer, and other soft drinks. This is her second time to ask for a loan from Pearl Microfinance. Before her first loan, she usually found difficulties in stocking enough for her ever-increasing customer demands, but since then she has had no problems and it has greatly improved her business. She manages her depot alone, though her husband is very supportive. They have two kids and also care for four orphans. She needs a loan to be able to buy more crates of soda, beer, wines and spirits for her customers and to ensure a stable business that will sustain itself through the end of the year.

About Uganda

  • $1,800
    Average annual income
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 1,679.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Loy to buy more crates of soda, beer, wines and spirits for her customers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 24, 2008
Listed
Oct 10, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009