Funded

Total loan: $2,475
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Rutooma Tweyombekye2 Group

Uganda
Ibanda, Uganda / Pharmacy

A loan of $2,475 helped a member to buy drugs for the pharmacy.


Rutooma Tweyombekye2 Group's story

The Rutooma Tweyombekye Group is located in Rutooma Town. The group is comprised of mainly women some are married, some are widows, and a few are single mothers.

Mildred is a married mother with four kids; her husband is a teacher whose salary is not enough to maintain the family. She also takes care of her sisters’ two daughters who were abandoned by their mother.

Mildred runs a small drug store with limited capital. Besides that, she also has a small banana farm where she gets income to boost her drug store business. She applied for a loan of 1,200,000 UGX so as to add more capital to her drug store. She plans to use the rest of the money to pay school fees for her children and for basic needs in life since her husband's salary is inadequate.

Her major challenges are insufficient capital to boost her business and thieves who steal her bananas which affects her cash flow. Despite these challenges, Mildred has been able to provide good education and basic needs for her children.

In this group: Mildred, Hadijah, Stephen, Rhonah, Kagwa, Deborah
*not pictured


Loan details

Loan length:

10 months
Disbursed date: January 8, 2014
Facilitated by Field Partner: UGAFODE Microfinance Limited

Lenders and lending teams




Loan details

Loan length:

10 months
Disbursed date: January 8, 2014
Facilitated by Field Partner: UGAFODE Microfinance Limited