A loan of $4,125 helped a member buying fertilizers to improve production.

Tutungukye Group, Ibanda's story

Very hard working, M. Moses has been operating an agro-produce sales business from Omukagyera, Ibanda for a period of 10 years. With nostalgia, this happily married father of two children recalls how his business basked in high profit returns at its onset. Times have changed, however, as the business now is in diminishing returns, earning him 150,000 Ugandan shillings in sharp contrast to previous earnings due to seasonal changes.

Moses is no exception herein in terms of doing business. What he is looking forward to now is the prospect of enhancing his business by buying fertilizer and improving the production of beans and maize which he grows most. He has other income generating activities like a bar and a butcher shop. With this loan, he will improve his production and can afford business expansion. His revenue will increase and also he can make himself more able to meet his day-to-day life and family necessities.

In this group: Moses, Rosert, Meron, Jovanisi, Aidah, Ruth, Annet, James, Slyvia, John, John, Evalyne, Robert, Benard, Kabwerere, Mesodius, Rosette, Agnes*, Allen*, Imaaculate, Robert, John Baptista, Seth
*not pictured

Loan details

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Loan details