A loan of $3,025 helped a member buy another "boda boda" to hire out.

Lutengo Development Group's story

Karid S. is a client of Pearl Microfinance and a proud member of the Lutengo Group in Lugazi. He is married with 4 children and has a motorcycle "boda boda" business that he has owned for 5 years.

He joined his lending group with a bid to develop his business and so far, he was able to buy a new "boda boda" to replace the old one that he had.

His family life has changed with the increased profits and now his children go to school with some ease as regards school fees. Karid needs a loan to be able to buy another "boda boda" to be given out for hire so as to bring in more income every day.

In this group: Karid, Sylivester, Moses, Simon, Moses, Frank, Isa, David, Ayub

Loan details

Lenders and lending teams

Loan details