A loan of $1,550 helped a member to buy more metal materials to increase his stock.

Fred's Group's story

S. Fred is a hardworking and determined businessman. He has been involved in the sale of metal crafts and shutters from Lugolole town for twelve years and he is happy that it enables him earn 40,000/= in profit. He buys metal scraps from which he makes the metal crafts and his goal is to become a big supplier of the metal materials for his children’s better future.

Fred is a married man with six children aged 28 to 2 years and he also cares for an orphan.

This is Fred’s second loan with Pearl Microfinance and he hopes to buy more metal materials to help in his business since this brings in more capital and more profits.

The man standing in the photo is Richard, the Credit officer in charge of the group.

In this group: Fred, Mastula, Edisa, Betty, Jane, Margaret, Florence, Prossy, Joy, Harriet, Zakiya

Loan details

Lenders and lending teams

Loan details