A loan of $3,175 helped a member to purchase more goats to raise and sell.


Nkongoro Goat Rearing Group, Ntungamo's story

Hardworking S. Steven, aged 48, operates a livestock business that deals in goat rearing and sales in Kanyampumo in Ntungamo. The married father of three children engages in the purchase of small goats which he grazes and sells at a later stage at a greater price. This has seen him fetch 200,000 Ugandan shillings on a monthly basis that has helped him in taking up his family responsibilities like paying his children’s school fees.

However, in most cases Steven’s profits depend on how much capital he has invested in his business. He is very much into restocking more goats on his farm and thus needs this loan to help him achieve his objective; it will derive him more sales revenue in the near future.

Steven is happy to say that, apart from his goat selling business, he earns additional income from the sale of bananas and that he was a driver before all this transformation. What made him change to goat rearing and selling was because the demand was so high yet nobody could supply promptly. He is really grateful for his loans.

In this group: Steven, Godfrey, Enock, Saad, Annet, Shadrach, John , Apollo, Ketty, Aloysius, Wilson Kappa, Lydia, Alice, Miria, Molly, Elizabeth, Rowland, Constance, Bernard
*not pictured


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Loan details