A loan of $875 helped a member purchase maize, beans and rice for re-sale.

Kayunga-Margret Mugumya Group's story

Margret M. (in the back on the right) is 40 years old and a widow. She has 4 children who are all in school. Margret sells cereals in Pallisa town. She mainly targets schools because they make bulk purchases. Margret purchases her stock directly from farmers at a fair price, enabling her to earn a profit of approximately 25% of sales.

The loan is enabling Margret replenish her stock of maize, beans, and rice. Her dream is to open up a chain of outlets in the neighbouring towns. As a widow, this business has enabled her sustain her family single-handedly. She hopes that with a positive turn of events in her business dream, her children will never lack.

In this group: Margret, Keletesia, Maganda, Margret, Lucy, Anna, Mary, Joyce Mary, Mary, Margret

Loan details

Lenders and lending teams

Loan details