A loan of $4,775 helped a member to buy fishing nets and hooks for his four boats.

Victoria Group 2, Lugazi's story

F. Ayubu is the leader of his lending group in Lugazi. He is 35 years old and married with six children aged 12 to 2 years. He also takes care of three dependents, two of them orphans.

Ayubu operates a ferry service from Buvuma to Kiyindi, mostly operating from Kilongo landing site. He has transported traders for eleven years and he is able to make 70,000/= as profits every week. He says that this profit margin would have been higher only there is a ferry that offers free transport to traders and his only chance is that it is slow and takes a long time to fill.

Ayubu would like to expand his business. He already has four fishing boats and he would like to use his loan to buy fishing nets and hooks and employ three people on each boat for increased earnings.

Ayubu is such a friendly and hardworking man.

In this group: Ayubu, Aisha, Sipe, Masitula, Kalani, Florence, Rogerious, Hassani, Adera, Christine, Resty, Caraine, Mary*
*not pictured

Loan details

Lenders and lending teams

Loan details