Funded

Total loan: $1,125
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Edward's Group

Uganda
Mubende, Uganda / Food Market

A loan of $1,125 helped a member to buy more produce to expand his business.


Edward's Group's story

R. Edward is the leader of his lending group in Mubende. He is 64 years old and married with ten children aged between 23 years and 8 months. He also cares for three dependents.

Edward is a farmer and has been farming for forty-five years now. He transports his own produce to the markets and is only able to make profits of 30,000/= (approx. $15) a week and this is mostly due to the frequent seasonal changes and the high transport costs since he uses public means to transport his goods. He is happy that in most times, his goods have been of good quality hence earning him much. He spends most of his money on school fees and medical care since he would like to educate his young children to university level.

Edward needs a loan to be able to purchase produce for resale in order to increase his earnings since the past season was not favorable to him. He is such a hardworking man.

In this group: Edward, Evans, Esther, Bernard, Joyce, Jackson, Gerald, Mary, Jackson
*not pictured


Loan details

Loan length:

7 months
Disbursed date: September 4, 2009
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: September 4, 2009
Facilitated by Field Partner: Pearl Microfinance Limited