Funded

Total loan: $725
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Rubimbiri Bakyara Tukore Group, Ntungamo

Uganda
Ntungamo, Uganda / Animal Sales

A loan of $725 helped a member to buy more cows to sell.


Rubimbiri Bakyara Tukore Group, Ntungamo's story

On the face of it, K. Alice is a hard-grinding business lady. The 50-year-old married mother of five school-going children sweats her guts out buying and selling animals like cows as well as selling milk from the cows and selling matooke (green plantain) from her plantation. She operates in the small rural area of Rubimbiri, Ntungamo district, and she has been doing this for the last ten years.

Alice is able to make 450,000 Ugandan shillings monthly. This is quite modest by any standards and, as such, she requires a loan that will help her buy more cows for her business. Then she will be able to meet her customers’ demand and also earn more revenue.

Alice belongs to a group of members and they insure each other in paying back the loan.

In this group: Alice, Enid, Edith, Grace, Enock, Evas, Elvaida*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: April 21, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: April 21, 2010
Facilitated by Field Partner: Pearl Microfinance Limited