Funded

Total loan: $2,525
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Burora Traders A, Kihihi Group

Uganda
Kihihi, Uganda / Wholesale

A loan of $2,525 helped a member buying more coffee for resale.


Burora Traders A, Kihihi Group's story

With his small savings from his previous farming ventures, N. Patrick of Burora Traders, 37 and the married father of six, was able to start up his coffee trade businesses alongside bananas sales. He goes to farmers directly and makes purchases of raw coffee berries which he dries and takes to factories for resale.

This earns him a clean profit of 600,000 on a monthly basis. Therefore with this loan he looks forward to collecting more stock for his store and expanding business in the short run. Earning more revenue is Patrick’s main motive because he will be financially stable and better able to take care of his family and also live a self-sustaining life.

In this group: Patrick, George, Ruth, Benon, Justus, Livegari, Obed, Kenneth, Micheal, Edison, Levi, Mebro, Moreen
*not pictured


Loan details

Loan length:

9 months
Repayment schedule: Irregularly
Disbursed date: August 27, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

9 months
Repayment schedule: Irregularly
Disbursed date: August 27, 2010
Facilitated by Field Partner: Pearl Microfinance Limited