Total loan: $5,000

Karungi Development Group1

Mityana, Central Region, Uganda / Agriculture

Karungi Development Group1's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped buying more cows for his business.

Karungi Development Group1's story

Stanley K. is a member of Karungi Development Group 1 in Mityana. He is a businessman involved in the sale of cattle that he buys from the locals and sells to buyers in the daily markets as well as transporting some of them to Kampala where he is able to sell them at a much higher price.

Stanley has been in this business for such a long time; joining his lending group was to revive his business and buy more good-looking cows that are able to bring in much revenue. Stanley has a plan of including the sale of goats and sheep in addition to the cows since there is a market for them. He needs another loan for buying cows for slaughter during and after the festive season.