Funded

Total loan: $3,075
Powered by 107 lenders

Bufunda United Women's, Ibanda Group

Uganda
Ibanda, Uganda / Farming

A loan of $3,075 helped a member to help with mulching, buying stake poles and pesticides for his banana plantation.


Bufunda United Women's, Ibanda Group's story

Operating an agricultural farm has been an adventurous and challenging business venture for one Sam T., a 36-year-old from Ibanda. Being a determined, energetic and hardworking young man, he worked tooth and nail to start selling bananas, which are commonly used to prepare a local dish by customers here in Uganda, alongside his teaching profession.

He is so fond of his enterprise; thus, he is always able to earn 300,000 Ugandan shillings monthly. This loan is to help him do the mulching and buy stake poles and pesticides for his plantation. Expansion of the project to a larger scale is his main motive for this loan. This will help to improve on Sam's yields and production and lead to an increase in sales revenue which will enable him enjoy a self-sustainable livelihood. Sam has on a black jacket in the photo.

In this group: Sam, Betty, Evas, Innocent, Khalid, Joseph, Justine, Juliet*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: June 28, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: June 28, 2010
Facilitated by Field Partner: Pearl Microfinance Limited