A loan of $4,375 helped a member buying more phones and phone accessories for his shop.

Asuman's Group's story

K. Asuman is the leader of Namungoona group in Kampala. He is 30 years old and has a business of selling electricals, phones and phone accessories. He has had three years in his business whereby he first had it in Kisenyi suburbs and has now relocated to Bakuli, Mengo where the customer base is large enough for his business. Asuman needs a loan to buy more phones plus their accessories from the city shops and he would like to be able to buy them from Kenya where the prices are a bit favorable. He cares for 1 boy on his elder brother’s behalf since he can not cater for him at the moment. He says the secret to his business success is being able to seek advice from other friends in business as well as the use of loans from Pearl Microfinance.

In this group: Asuman, Jackline, Flavia, Halima, Flavia, Harriet, Musa, Jalia, Betty, Hawa, Jackie

Loan details

Lenders and lending teams

Loan details