A loan of $3,450 helped a member to restock the supplies of medicine.

Nile Lending (B) Group's story

Monica is a trained nurse running a much needed pharmacy in Jinja. Monica opened this pharmacy immediately after finishing school and it has now been open for three years. Monica’s husband is the head teacher at a high school in the area. Together they have two children, a boy, who is 3 and a little girl (being held by Monica in the picture above), who is 2. Each week Monica sells about 200,000 USH worth of medicines a week, and from that she is able to save 30,000 USH. Her savings are not as much as she would like because she is still renting her shop area. She pays 100,000 USH for her two-room shop per month. Monica is requesting a loan of 500,000 USH to restock her supply of medicines.She usually buys them a few times a week, but when she gets a loan she can restock more quickly and efficiently.

In this group: Monica, Jayce, Safina, Yayire, Jeffrey, Nalango, Kate, Ruth, Marie

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Loan details