Funded

Total loan: $2,275
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Bumu Development Group-Mukono

Uganda
Mukono, Uganda / Used Clothing

A loan of $2,275 helped a member the purchase of more bales of used clothing for resell.


Bumu Development Group-Mukono's story

56-year-old Resty N. has been in the used clothing sales business for the last ten years in Kirinya-Mukono. The happily married mother of twelve says the need for self reliance motivated her to try her hand at this business. Since she began she has never looked back. With this business she has been able to provide for her family in many ways, principally the education of her kids. Resty says this business brings in about $43 a week. With this loan, she says she is going to purchase more bales of clothes to resell. Resty belongs to the Bumu Development Group.

In this group: Resty, Rose, Rose, Grace*, Abdul, Hellen, Jane, Batulomeo, Bosco
*not pictured


Loan details

Loan length:

9 months
Repayment schedule: Irregularly
Disbursed date: December 30, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

9 months
Repayment schedule: Irregularly
Disbursed date: December 30, 2010
Facilitated by Field Partner: Pearl Microfinance Limited