Funded

Total loan: $2,200
Powered by 57 lenders

Matsya Tweyambe Group

Uganda
Ishaka, Uganda / Retail

A loan of $2,200 helped a member to buy shutters.


Matsya Tweyambe Group's story

Scovia, aged 34 years, is married and has two children and a dependant. All her children are in school. She lives on the outskirts of Ishaka town where she operates a bar business. She started the bar because she had little capital and yet she needed a source of income to sustain her family in terms of the basic necessities as well as tuition for the children. She works every day of the week from morning to 9pm in the night in order to break even.

The purpose of the loan is to buy more drinks for the bar as well as retail stock so that she can earn some profits after selling. Scovia's clients come from within and around the nearby trading center. She hopes to expand her business so as to get some profit and be able to send her children to reasonable schools with good grades. The only challenge in her business is the rate which people default. Scovia is an honest and trustworthy person. She says her business is profitable and she hopes to finance her loan with ease. She is also thankful for the group for supporting her in improving her household welfare by guaranteeing her for the loan.

In this group: Scovia, Midius, Prossy, Ketty, Midius, Bruno
*not pictured


Loan details

Loan length:

10 months
Disbursed date: March 11, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: March 11, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited