A loan of $4,725 helped a member make repairs to his fishing net and the lights on his boat.


Bisabyaba Ahmed's Group, Bugolo's story

B. Ahmed is a married man with four children who are grown and have their own families, but he takes care of 3 grandchildren whose parents died of AIDS.

B. has been a fisherman all his life; it's the only business he has ever known. He fishes from Kikondo, a landing site in Lugazi, and sells his catch to traders and business people. In a round of fishing, he can catch and sell 20 basins of fish for about $5 each.

Ahmed has his own boat, which he has been using all this time, and he hopes to buy another boat that he can hire out for more income. He is seeking his first loan from Pearl Microfinance so he can improve his business by repairing his fishing net and the lights on his boat.

In this group: Ahmed, Abdul, John, Grace, James, Joelia, Faridah, Sarah, Ruth, Faridah, Sarah, Betty
*not pictured


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Loan details