Funded

Total loan: $1,750
Powered by 58 lenders

Jubilee Tukore Group

Uganda
Ibanda, Uganda / Livestock

A loan of $1,750 helped a member to buy goats and sheep to sell.


Jubilee Tukore Group's story

Jubilee Tukore Group is located in the center of Ibanda Town. The group is mainly comprised of women whose major activity is trade and agriculture. They fall into several family demographic categories, including divorced, widowed, single mothers, and a few who are married.

Rose is a single mother of three children. She lost her husband, three years back, in a car accident. Her three children are all in school. In addition, she looks after her two nephews, who are also orphans.

Rose is mainly an agriculturalist who grows crops and raises goats and sheep. She supplements the farming with income from a small restaurant, with capital of UGX 100,000. She resorted to farming in 2010, after losing her husband, so that she could feed her children and take them to school.

She will use the loan to buy goats and sheep to sell, to buy more materials to use in her restaurant, and to use some of the money to pay tuition for her children. Her customers are mainly neighbors and passersby.

Rose's main challenge is theft around the village. Sometimes thieves steal her goats and sheep after she has invested her money in them, especially the loan money, and this affects her cash flow. Sometimes she or her children fall sick and, on such days, she is unable to till her land.

Despite all the challenges, Rose is very hard-working and determined to change her future, along with that of the children, by giving them a good education.

In this group: Mallen, Rose, Alice, David, Saidat, Gloria, Jolly, Molly, Stella, Hickson
*not pictured



Loan details

Loan length:

8 months
Disbursed date: December 19, 2012
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: December 19, 2012
Facilitated by Field Partner: UGAFODE Microfinance Limited