Funded

Total loan: $3,700
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Igorora Tukore Association, Ibanda Group

Uganda
Ibanda, Uganda / Farming

A loan of $3,700 helped a member to purchase hoes, mulches and fertilizer for her banana plantation.


Igorora Tukore Association, Ibanda Group's story

This 48-year-old female, K. Agnes, is hardworking and dedicated to her banana plantation enterprise that she has run for over ten years. This has earned her a profit of 200,000 Ugandan shillings monthly which has helped in providing basic needs for her six children.

This loan will be an incentive for Agnes to purchase farm tools like hoes and fertilizer and to modernize her plantation to improve on the banana crop which is commonly used by customers for making local dishes. This will increase Agnes’s sales revenue and enable her to pay her daily bills including her children’s school fees.

Agnes belongs to a group that hold each other accountable and insure one another in paying back the loan.

In this group: Agnes, Mable, Justine, Jannet, Godwin, Wilson, Fred, Francis, Amos, Marion*, Veronica, Robert, Akankunda*, Esau, Alex
*not pictured


Loan details

Loan length:

8 months
Disbursed date: April 8, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 8, 2010
Facilitated by Field Partner: Pearl Microfinance Limited