Funded

Total loan: $3,100
Powered by 111 lenders

Agahikane Karungu Parish Group, Kyenjojo

Uganda
Kyenjojo, Uganda / General Store

A loan of $3,100 helped a member purchase of more stock.


Agahikane Karungu Parish Group, Kyenjojo's story

Self-motivated and hard-working N. Wilberforce of Agahikane Karungu Parish group, Kyenjojo, is 42 and a married father of seven aged between 19 and 5 years. He has been operating a retail shop business selling general products for home use in Kawarinju trading centre, Mubende. He started this business 5 years ago, realizing the ready market in the area, and at the end of every month he is able to pocket profits to the tune of 120,000 Ugandan shillings.

His main drawback has been having small stock in his business that cannot match the purchasing rate of the customers. He is therefore seeking a loan that he figures will help him stock more goods that will satisfy the customers’ high demand and also transform his small enterprise into a big enterprise. Being very committed to the business with good customer care, he hopes to increase his sales revenue. This will bring about a transformation in his business as he hopes to achieve a self-sustaining life and cater for his children’s education expenses.

In this group: Wilberforce, Turyamwijuka, Festo, Albani, Paul, Selestine, Benon, Fausta, Ramuel, Patrick, Herbert, Joseph, Frank, Abel, Jamiah, Kesi, Charles, Stella, Robert, Nelson, Ambrose, Asead*, Gandah*
*not pictured


Loan details

Loan length:

10 months
Disbursed date: October 11, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: October 11, 2010
Facilitated by Field Partner: Pearl Microfinance Limited