Funded

Total loan: $3,275
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Bwagoga Eco Bakyara Tukwatanise, Ibanda Group

Uganda
Ibanda, Uganda / Food Production/Sales

A loan of $3,275 helped a member to purchase more stock for the business.


Bwagoga Eco Bakyara Tukwatanise, Ibanda Group's story

Gladys K. is a hard working business lady. The 46 year old married mother of 6 school going children sweats her guts out selling agro produce like maize, sorghum, millet, beans, peas, ground nuts in a small rural area of Bisheshe, Ibanda. She has been doing this business for the last 6 years, which she started with her little capital from banana sales. She gets many customers who buy her products for food consumption.

She is able to make 80,000 Ugandan shillings monthly. This is a fair earning by any standards, but she requires a loan that will help her buy more food supplies for the business. Then she will be able to meet the customers' demand and also get more revenue. She belongs to a group of members and they insure each other in paying back the loan.

In order to start her business, she received capital from her banana plantation and it is because of hard work that she was able to get where she is right now.

In this group: Gladys, Leonald, Scoviah, Jessicah, Dorren, Gilvaze, Jessicah, Jenifer, Fred*, Win, Evas, Jeniffer, Deogratius*
*not pictured


Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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