Funded

Total loan: $3,925
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Kyagalanyi Masajja Development Group, Kampala

Uganda
Kampala, Uganda / Fruits & Vegetables

A loan of $3,925 helped a member to purchase more yellow bananas and, later, another commercial motorcycle.


Kyagalanyi Masajja Development Group, Kampala's story

Self-assured and hardworking, 30-year-old N. Florence has, for the last eight years, sold bananas and charcoal in Masajja, Kampala, to earn a livelihood. Out of her narrow circumstances as a housewife evolved the idea to start up her own business.

This married mother of four has educated all her children with earnings from this business. Her business generates her profits in the range of 100 to 120 thousand shillings a week. She also ekes out additional profits operating a local commercial motorcycle business.

With this loan, Florence wants to buy more bananas and charcoal that she can later sell to her customers. She also wants to buy another commercial motorcycle or boda-boda as they are known here. Florence hopes to be the leading supplier of foodstuffs in the area.

In this group: Florence, Getrude, Sarah, Elias, Sarah, Jane, Hamis, Betyi, Annet, Margaret, Rehema, Sarah, Getrade, Annet, Olivia, Justine, Godfrey*, Elias*, Teddy*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: May 5, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: May 5, 2010
Facilitated by Field Partner: Pearl Microfinance Limited