Funded

Total loan: $1,600
Powered by 43 lenders

Namungoona 1G (C) Group

Uganda
Kasubi, Uganda / Clothing Sales

A loan of $1,600 helped a member these women would like to improve their sewing and beauty salon businesses.


Namungoona 1G (C) Group's story

Esther is married with three children. Estehr, Martha and Rose all sell new clothes to earn a living. With the extra business profits, Esther intends to build a house for the family. Norah and Florence both have beauty salons and want to use the loan to buy more salon equipment.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

In this group: Esther, Martha, Norah, Florence, Rose
*not pictured



Loan details

Loan length:

15 months
Disbursed date: March 1, 2008

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: March 1, 2008