Funded

Total loan: $1,350
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Suubi Savings And Development Group

Uganda
Mukono, Uganda / Bricks

A loan of $1,350 helped a member the purchase of a new brick-making machine.


Suubi Savings And Development Group's story

Thirty-eight-year-old Idd subsists on earnings from a brick sales business that he operates from Mukono. The happily married, principled and down-to-earth father of two says he has been in this business for a decade now.

Ten years has been a time frame long enough for him to make his deductions on how to survive and weather the unpredictable storms such business come with. He has also learned to be philosophical in the face of financial and other operational adversity that plagues businesses. In many respects, this has been of paramount importance in his business operations as he has learned to strike a balance.

Many of his clients are truck drivers who are being caught up in the construction boom that is pervading Mukono and its surrounding environs. By all accounts, Idd makes strong and durable bricks. He has built a good rapport with many of his clients. The strong and durable bricks are liked by many of his clients, who in turn prevail upon other people around Mukono to purchase durable and sturdy bricks from him.

As he casts his mind to the future, Idd knows the prospects for the future success of his business are good. Idd is also formerly employed as a teacher. Teaching is a profession he holds dear to his heart. Monthly, he says his business sales profit amounts to Uganda shillings 380,000, and he says with this loan, he is going to purchase a modern brick-making machine.

In this group: Idd, Betty, Kisuule, Obbo Michael, Phionah, Francis, Norah
*not pictured


Loan details

Loan length:

8 months
Disbursed date: June 7, 2011
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: June 7, 2011
Facilitated by Field Partner: Pearl Microfinance Limited