100%

funded

Total loan: $850

Mpumudde Twegaite Group

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Jinja, Eastern Region, Uganda / Retail

Mpumudde Twegaite Group's loan finished fundraising,
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A loan helped increase her stock to improve sales.


Mpumudde Twegaite Group's story

This is Mpumudde Twegaite Group, located in the Jinja outskirts. It consists of hardworking members who engage in different economic activities with a common goal of poverty eradication. The group has requested its second loan from UGAFODE.

Monica is aged 37 years. She is married with five children, and all attend school. She is the official treasurer of the group and she asserts that the group has been a great pillar in their development. Monica sells charcoal in one of the markets in Jinja. This has been her main source of income for over five years. With the income she gets from this business, she supports her husband with the family expenses, and contributes to the children's school fees as well.

The business is affected by few customers, which she attributes to the limited stock. It is on this basis that she has applied for a loan from UGAFODE so that she can stock enough charcoal. She is optimistic that this will improve her sales which will better her income. Monica appreciates the funders for empowering low income earners to transform economically.