Funded

Total loan: $2,500
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Nakazadde Womens Group-Lugazi

Uganda
Lugazi, Uganda / Shoe Sales

A loan of $2,500 helped a member to buy more shoes.


Nakazadde Womens Group-Lugazi's story

With a sense of purpose, hard work and self esteem in regards to doing business, one will never succumb to failure or any other obstacle that may dampen one's determination. N. Aisha, 24 years old, has been a testimony to this and she has built on the above virtues while still selling snacks, her previous business. With good planning and a strong belief in her own worth, she has prevailed.

Three years ago, she began her own shoe selling business in Lugazi market out of savings from her snack business. A close friend gave her a pep talk encouraging her to try her hand at this business. She also had her husband's support. She has, since then, relied on this business to provide for her family, especially her 2 children. She has reached a satisfactory rate of progress in her business transactions and is now planning on expanding and opening new horizons for her business. The first thing she wants to do is to construct her own permanent structure for her business. With 200,000 UGX as her monthly profit, prospects look good. She also wants to open an account where she will save her money for future investment. With this loan, Aisha wants to buy more shoes that she says she will resell to her increasing clientele.

In this group: Aisha, Annet, Selina, Margret, Nefisa, Benita, Florence, Betty, Betty, Prossy
*not pictured


Loan details

Loan length:

6 months
Disbursed date: June 24, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: June 24, 2010
Facilitated by Field Partner: Pearl Microfinance Limited