Funded

Total loan: $2,000
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Mugongo A4(I) Group

Uganda
Kyengara, Uganda / Used Clothing

A loan of $2,000 helped a member to buy more clothing for resale.


Mugongo A4(I) Group's story

Florence is 40 years old and married with four children. Her current business is selling used clothes. With the extra business profits earned from this loan, she intends to start a poultry business.

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: Florence, Teddy, Fatumah, Halima, Resty
*not pictured



Loan details

Loan length:

15 months
Disbursed date: February 10, 2008

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: February 10, 2008