Funded

Total loan: $3,000
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Ibanda 1 Karugutu Group

Uganda
Ntooroko, Uganda / Retail

A loan of $3,000 helped a member to buy salt, sugar, rice and paraffin to sell during this Christmas season.


Ibanda 1 Karugutu Group's story

Emmanuel, whose hand is raised, is a 48-year-old businessman, married, with nine children living in Ntooroko, Uganda. He started business in 1996, selling salt, sugar, rice and paraffin. Apart from the retail shop, he has other sources of income, from cocoa, bananas and vanilla harvests. He dreams of earning more money, so he can to look after his family and educate his children to higher levels of education. He also hopes to expand his business into new markets, even though seasonal changes affect him. He is a member of Ibanda 1 Karugutu group, where each member guarantees the others, to get a loan. Emmanuel is applying for a loan to buy salt, sugar, rice and paraffin to sell during this Christmas season.

In this group: Emmanuel, Julius, Zaituni, Mustafa, Stanley, Milton, Rose , Evanis , William
*not pictured



Loan details

Loan length:

10 months
Disbursed date: November 4, 2013
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services

Lenders and lending teams




Loan details

Loan length:

10 months
Disbursed date: November 4, 2013
Facilitated by Field Partner: HOFOKAM Ltd., a partner of Catholic Relief Services