Funded

Total loan: $4,900
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Margaret's Group

Uganda
Kampala, Uganda / Used Clothing

A loan of $4,900 helped a member to buy more clothes to sell.


Margaret's Group's story

N. Margaret is the leader of her lending group in Namasuba. She is a young woman who is obsessed with the desire to succeed through hard work. She is not yet married and has no child.

Margaret has a business selling secondhand clothes and has a shop in central Kampala. She joined her lending group to be able to access more capital for her business since she could not find any other alternative and, sincerely, she has found it worthwhile. She wants to be an independent lady and, even if she gets married, not leave everything to her husband.

Margaret needs a loan to be able to buy more clothes for increased variety, leading to increased sales and hence more income and profits.

In this group: Margaret, Liz, Proscovia, Juliet, John, Bashir, Samalie, Samalie, Rebecca, Daphine, Madina, Mary, Lubega, Ismail, Irene, Joweria, Badru*, Peter*, Rashida*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: September 21, 2009
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 21, 2009
Facilitated by Field Partner: Pearl Microfinance Limited