Funded

Total loan: $2,150
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Katojo Development Association, Rukungiri Group

Uganda
Rukungiri, Uganda / Carpentry

A loan of $2,150 helped a member to purchase more timber, nails, etc., and also to pay for radio adverts for his business.


Katojo Development Association, Rukungiri Group's story

Hardworking K. Joram, aged 42, is the married father of seven children. He went into a carpentry business venture close to twenty-four years ago, having got this idea from his close friend.

Having a strategically located business in Buyanja, Kihihi town, in western Uganda, Joram gets many customers, earning him 400,000 Ugandan shillings monthly.

With this loan, Joram is looking forward to making purchases and restocking his business with more materials like timber and nails and also doing more advertising to increase the number of his customers. This will definitely give his enterprise a new push and also help him improve on his sales. Thus, he will also be able to take good care of his family requirements as his goal is to have his children educated to higher levels.

Joram also makes side profits from a small commercial farming business which was originally his main source of income before he ventured into carpentry.

In this group: Joram, Richard, Arther, Yeremia, Moses, John, Ruth, Benah, Rossette, Benon, Nobert
*not pictured


Loan details

Loan length:

8 months
Disbursed date: June 2, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: June 2, 2010
Facilitated by Field Partner: Pearl Microfinance Limited