Funded

Total loan: $2,175
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Nyanityobora Youth Development Group

Uganda
Mbarara, Uganda / Tailoring

A loan of $2,175 helped a member to buy cloth for his tailoring business.


Nyanityobora Youth Development Group's story

Gerards, aged 40, is a resident of Nyanityobora, a suburb of Mbarara Municipality. He dropped out of school after senior four, because his parents failed to raise the fees. He started up the small business of tailoring in order to survive, and also to care for his children. This business has grown and helps him to pay fees for his younger brothers.

He first took a loan of 500,000 from UGAFODE, and that loan helped him to do well. With his share of this new, group loan, Gerards wants to buy cloth for his tailoring business. He thus felt motivated to mobilize his colleagues, to form a development group called Nyanityobora Youth Development Association. They accepted the idea, and now the group has also succeeded in other development projects. They are requesting a loan, to help them by increasing their working capital for their different businesses.

In this group: Allen *, Evas, Gerards, Scod, Allan, Juliet, Benoni, Medard, Yorukam
*not pictured


Loan details

Loan length:

8 months
Disbursed date: May 7, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: May 7, 2013
Facilitated by Field Partner: UGAFODE Microfinance Limited