Funded

Total loan: $1,850
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Rushuma Twimukye Group, Kihihi

Uganda
Kihihi, Uganda / General Store

A loan of $1,850 helped a member to purchase more merchandise for his store like bags of sugar and salt and crates of soft drinks.


Rushuma Twimukye Group, Kihihi's story

K. Amos, aged 30, with a family of three children, has been operating a retail shop in Itembezo trading centre, Kihihi, for over 5 years. There, he trades in a variety of products commonly used domestically like sugar, soft drinks, sodas, water, cooking oil and much more. In a week, he makes profits amounting to 40,000 shillings. He does this business alongside his other farming practices that include growing and selling tea, sorghum and millet.

Amos’s main drawback is that he has a limited variety of products in his shop that currently cannot satisfy his increasing customer demand. Therefore he is looking forward to increasing the amount of stock in his business when he gets this loan and also to expanding into a wholesale shop. This will help him earn more revenue and sustain his daily life needs.

Amos also belongs to a group of members who insure each other in paying back their loans.

In this group: Amos, Annet, Stanley, Apollo, Annet, Julius, Feddy, Abraham, Vicent, Africano, Lovius, Gabriel, Oliva, Syriri*
*not pictured


Loan details

Loan length:

8 months
Disbursed date: May 24, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: May 24, 2010
Facilitated by Field Partner: Pearl Microfinance Limited