Funded

Total loan: $2,275
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Nyakabungo Traders Group, Ntungamo

Uganda
Ntungamo, Uganda / Agriculture

A loan of $2,275 helped a member to buy more produce and goats for business expansion.


Nyakabungo Traders Group, Ntungamo's story

Moses S. is the leader of the Nyakabungo Traders group in Ntungamo. He is 37 years old and married with five children, four of whom are still in school.

Moses is in the business of selling produce, like beans and coffee, from the Murambi Trading Centre. He sells mostly to locals and his hard work has enabled him to succeed. He is able to generate 260,000 Ugandan shillings weekly after a long period of 10 years in business. A friend introduced him to the business, in addition to selling goats, and his dream is to be able to educate his children as well as buying farmland. He needs a loan to be able to buy more produce and goats for business expansion.

In this group: Moses, Jonan, Dan, Ivicence, Beneth, Edward, Jude, Nicholas, Sula, Sefu
*not pictured


Loan details

Loan length:

8 months
Disbursed date: May 3, 2011
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: May 3, 2011
Facilitated by Field Partner: Pearl Microfinance Limited