Funded

Total loan: $2,225
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Kwezimba Bugalya, Mubende Group

Uganda
Mubende, Uganda / Home Products Sales

A loan of $2,225 helped a member to purchase more stock of home products especially utensils for resale.


Kwezimba Bugalya, Mubende Group's story

With hard work and high self esteem traits, M. Joshua (aged 52 years) has tried beyond any limits to maintain his general merchandise retail shop. He has been operating his shop for over 10 years from Bugalya trading centre, after abandoning his former farming enterprise. Being one of the most active businesses here in Uganda, many business entrepreneurs have tried to invest in general merchandise retail shops as they normally cut across all domestic appliances. Joshua is among the lucky ones benefitting from operating this type of store.

With this loan, he hopes to be able to purchase more stock for his business, as his drawback has been in having little capital input. He also hopes to be in a position to transform the business into a wholesale one to improve his income. This will make him live up to his goals of educating his children and building a home for himself.

He belongs to a group with other members who insure and hold each other accountable in paying back the loan.

In this group: Joshua, Francis, Wilson, Josephine, Teopista, Manuel, Margret, Emmanuel, Daniel*, Teopista, Patrick*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: July 8, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: July 8, 2010
Facilitated by Field Partner: Pearl Microfinance Limited