Total loan: $1,550
Namungoona 1G (A) Group
Kasubi, Central Region, Uganda / Services
Namungoona 1G (A) Group's loan finished fundraising, but these other borrowers need your support
A loan helped These women would like to improve their businesses.
Namungoona 1G (A) Group's story
This group has been together for one year. Phiona is 30 years old and married with two children. She works in a beauty salon. She wants to use the extra profits to re-invest in the business and improve her lifestyle. Brenda works in a hotel and wants to use the loan to buy more foodstuffs. Christine sells used clothes and wants to purchase more clothes for sale. Milly sells raw foodstuffs.
This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.