A loan of $700 helped a member the purchase of more fish for resale.

Bakole Wakiso Development Grouo - Lugazi Group's story

Fatuma N. belongs to the Bakole Wakiso Development Group-Lugazi. She is 40 years old and happily married with two kids, both of whom are attending school in Namengo-Lugazi.

To get a viable and sustainable financial means of subsistence that she and her family could rely on, she began her fish selling business two years ago. To take root in this business, she had to use savings from her bar business, which is still a side business for her. In a week, out of her fish business, she makes profits totaling up to 500,000 shillings.

Under the auspices of this loan, Fatuma wants to boost her business by buying more fish to resell and some to smoke and keep as reserve just in case client demand goes up. Just like in any other part of Uganda, fish customers in Lugazi normally have preferences, some an inclination for smoked fish and some fancy fresh fish. The upshot of increased sales, Fatuma gleefully says, is going to be an increase in profits for her business. This, she says, will improve the longevity of her business and, most important, enable her to give her kids a better education.

In this group: Fatuma, Regina, Shamimu, Livingstone, Florence, Benna

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Loan details