Funded

Total loan: $1,875
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Nyamutaba 1 Twimutsyane, Ntungamo Group

Uganda
Ntungamo, Uganda / Liquor Store / Off-License

A loan of $1,875 helped a member to contribute towards the purchase of a vehicle for his business.


Nyamutaba 1 Twimutsyane, Ntungamo Group's story

B. Bernard is a determined and hardworking married father of eight children. He has been operating a local-brew sales business for over twenty-three years in Nyamutaba Trading centre, Ntungamo.

Bernard says he began his business from the small savings he got from group savings that he made in the past with friends. This helped him to begin his first sales of the local brew commonly known as waragi here in Uganda.

Bernard describes his customers as good ones who give him a ready market for his local brew. He sells to bar owners in the area, earning him 320,000 Ugandan shillings.

Bernard is currently faced with the big challenge of finding transport as he looks at ways of supplying an expanded market. Therefore, his motive in requesting this loan is to use it to assist in the purchase of transportation means like a motorcycle or pickup truck for his business so as to improve his sales revenue.

In this group: Bernard, Evate, Wilson, Francis, Elon, Medrid, Wycliff, Asanasio, Naboth, Patience, Henry*, Jovanta, Didas*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: August 23, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 23, 2010
Facilitated by Field Partner: Pearl Microfinance Limited