Funded

Total loan: $850
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Tukolerewamu Mixed Group

Uganda
Kyotera, Uganda / Agriculture

A loan of $850 helped a member to buy agricultural products.


Tukolerewamu Mixed Group's story

Tukolerewamu Mixed Group is located in Nakatoke, a rural area. This is their second loan with the total amounting to UGX 2,200,000/=. Lawriano, 48, is an agricultural trader who deals in coffee, maize, beans and ground nuts. He is married and has six children between the ages of 17 and 30. Five children go to school. He works six days a week and eight hours a day. He supplements the agricultural trade with construction as another source of income. He started his agricultural trade business in 1992 with an ambition of increasing his capital base. He says he will use the loan to buy more agricultural products that he will sell after the prices have increased . His clients come from the neighboring towns. The major challenges of his business are the numerous debts, price fluctuations, high transport costs and sometimes hash weather conditions. His word to the institution is that they should reduce the charges and reward good clients.

In this group: Lazia, Charles, Aloysius, Lawriano, Charles, Joseph
*not pictured



Loan details

Loan length:

8 months
Disbursed date: March 15, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 15, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited