Funded

Total loan: $1,525
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Kyabugimbi Abamwe Traders Group

Uganda
Ishaka, Uganda / Animal Sales

A loan of $1,525 helped a member to buy goats to sell.


Kyabugimbi Abamwe Traders Group's story

Loyce is aged 34 and widowed with three children studying. She acquired a loan through the Kyabugimbi group because she had no collateral of her own and therefore, had to depend on the group guarantee. She lives at Kyabugimbi Trading Centre and deals in the coffee and goat trades, which she does on daily basis.

Her business was started in 2006 to help her earn a living and also meet the basic needs of the family after the father of her children passed on. This situation left the family in a miserable state since the widow did not have any income to survive on. She also gets some additional income from the factory where she has a part-time job.

Loyce’s clients are people in the trading centre. She hopes to build a house for the family in the near future; that is why she works tirelessly so that she can leave where she stays with the family in a rented room. She is committed and hardworking and she thanks Ugafode Microfinance for the financial support given.

In this group: Jovanis, Annah, Aminah, Lehemah, Lukia, Jane, Bashil, Gorrette, Ssanyu, Loyce, Mariam, Patience
*not pictured



Loan details

Loan length:

7 months
Disbursed date: April 11, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: April 11, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited