Funded

Total loan: $2,175
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Namyoya Development Group-Mukono

Uganda
Mukono, Uganda / Clothing Sales

A loan of $2,175 helped a member the purchase of more clothes for reselling and also the purchase of poultry.


Namyoya Development Group-Mukono's story

Forty-eight-year-old Grace M. describes herself as honest, friendly and easily approachable. These virtues, she says, have won her stripes and laurels in the 10 years she has been at the helm of a clothes-selling business in Seeta-Mukono. Her customers cut across from the lowest common denominators to the middle-class people around Seeta trading center-Mukono. In a week, she makes 200,000 shillings. With the profits, she can confidently say she has been able to make ends meet. She was previously partial to an agricultural cash-crop selling business.

With this loan, this widowed mother of six wants to buy more clothes for reselling. She also wants to use part of this money to start a commercial poultry business.

In this group: Grace, Zam, Justine*, Harriet, Dorothy, Wilson
*not pictured


Loan details

Loan length:

6 months
Disbursed date: August 10, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 10, 2010
Facilitated by Field Partner: Pearl Microfinance Limited