Funded

Total loan: $4,950
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Rukiri 2 Group

Uganda
Ibanda, Uganda / General Store

A loan of $4,950 helped a member restocking his retail shop and buying beer and wine.


Rukiri 2 Group's story

B. Lucas is the leader of his lending group in Ibanda. He is a determined and hardworking man who owns a retail shop and an alcohol store in Nyarukika trading centre. He has done this for 15 years. He is 42 years old and married with 6 children, most of whom are in secondary school; he takes care of 2 dependants. Due to Lucas’ good service, he is able to make a sizable profit, which he uses to take care of his family and to acquire other family properties. Lucas would like to continue with his business; indeed, he wants to expand by offering more products and thus increasing income. He is seeking a loan to help restock his business with more products such as beer and wine, in order to make more of a profit. He is really grateful for his loans.

In this group: Lucas, Fausta, Sharon, Scovia, George William, Annamaria, Julius, Godfrey, Mukama, Joseph, Dennis, Geofrey, Didas
*not pictured


Loan details

Loan length:

8 months
Disbursed date: September 25, 2009
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: September 25, 2009
Facilitated by Field Partner: Pearl Microfinance Limited