Funded

Total loan: $4,450
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Kacerere Women's, Ntungamo Group

Uganda
Ntungamo, Uganda / Agriculture

A loan of $4,450 helped a member towards buying mulch for the banana plantation.


Kacerere Women's, Ntungamo Group's story

If one subsists on agriculture like one determined T. Jacklyn has found out, you need enormous reserves of patience to succeed. That particular attribute has worked in her favor. She speaks with pride of how their 2 children can all attain education. Her proficiency in attending to the banana plantation for the last 25 years in Ntungamo, alongside the produce business of selling beans, ground nuts and more food stuffs, has brought her the fruits of economic development.

In a month, she makes profits in the amount of 60,000 Ugandan shillings. The only major drawn back problem that has plagued her business, has been the persistent low banana market prices in villages and that she has no ready means of transporting her produce to bigger markets. It is her reckoning that this loan will come in handy in helping her enhance her banana plantations on a large scale through mulching and the buying of fertilizer.

In this group: Jacklyn, Catherine, Jane, Baram, Mabel, Juliet, Kezekia, Benson, Andrew, Donah, Enos, Monic*, Frank, Penninah*, Herbert, Charles, Baram, Disismus, John, Amos, Black
*not pictured


Loan details

Loan length:

6 months
Disbursed date: July 19, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: July 19, 2010
Facilitated by Field Partner: Pearl Microfinance Limited