Funded

Total loan: $3,150
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Umoja Group, Mukono

Uganda
Mukono, Uganda / General Store

A loan of $3,150 helped a member restocking her retail shop with more goods.


Umoja Group, Mukono's story

N. Margaret is 59, divorced, and has two children, aged 24 and 19, who are both at university. She also takes care of other siblings and orphans. Margaret has had a retail shop in Kiwanga for 4 years and although she has debtors to her business, she is able to make 900,000 Ugandan shillings (about $46 US) as profits a month.

She says that her supplementary sales help win more customers to her shop and she hopes to expand it further as well as have good health for her children. This is her second loan with her group and she would like to restock her business--especially now that it is a festive season and the consumption level is so high.

In this group: Margaret, Swabra, Cate, Florence, Justine, Oliva, Hadija, Florence, Teopista, Innocent, Rose*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: November 25, 2009
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: November 25, 2009
Facilitated by Field Partner: Pearl Microfinance Limited