Funded

Total loan: $3,000
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Muwerere, Kyosiga Group

Uganda
Kayunga, Uganda / General Store

A loan of $3,000 helped a member muwerere Edward plans to buy sugar, cooking oil, soap, rice, and maize flour so as to increase his shop inventory.


Muwerere, Kyosiga Group's story

M. Edward has a retail shop that has been running since 1991. He is 31 years and is married with 3 children. He cares for his relatives, including his wife's parents and his in the village. He would like a loan to help him buy more goods like sugar, cooking oil, soap, rice, and maize flour for his shop. Since he buys in small quantities, he usually buys the goods from Nazigo and Kayunga. His dream is to transform his shop into a wholesale business in a few years to come and, with this change, he will be able to buy in large quantities from Jinja, where the prices are much lower than in Kayunga and Nazigo, though transport is slightly high. In the shop, he is helped by his wife and together they are determined to make their dream come true. M. Edward has been a good member of Kyosiga women’s group for one and a half years and he will share the loan with the 10 other members of the group.

In this group: Edward, John, Musa, Sulaiman, Aisha, Justine, David, Lutalo, Margaret, Imelda, Dan
*not pictured


Loan details

Loan length:

7 months
Disbursed date: August 6, 2008
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: August 6, 2008
Facilitated by Field Partner: Pearl Microfinance Limited