Funded

Total loan: $4,700
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Tuutuuka Group 2

Uganda
Kayunga, Uganda / Cloth & Dressmaking Supplies

A loan of $4,700 helped a member to use in the group's various businesses and to pay for daily expenses.


Tuutuuka Group 2's story

Annet N. represents the group. She is 28 years old and married with a nine-year-old child. She also cares for a ten-year-old orphan. Annet's husband works as a chauffeur and together they have hopes that their daughter will one day be a nurse.

Annet's menswear shop is only one year old, but it is already thriving. She has recently begun to complement her retail business in Kayunga by selling some of her stock at several markets in the area. The market side of the business is proving to be more profitable and so she is seeking a loan to buy more stock. Buying in bulk from Kampala will reduce the cost of the clothes as well as of transportation. Annet will sell this new stock at various markets in the area..

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: Annet, Fred, Betty, Halima, Margaret, Hamida, Kigalima, Rachael, Simon*, Aisha, Prossy, Justine, Cissy, Justine*
*not pictured


Loan details

Loan length:

6 months
Disbursed date: June 20, 2008
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: June 20, 2008
Facilitated by Field Partner: Pearl Microfinance Limited