Entrepreneurs We've Helped

Name: Frisita Nakirya's Group

Location: Lugazi, Uganda

Activity: Liquor Store / Off-License

Loan Used: More bananas, sorghum and buying grass for making her local brew.

Description: Frisita Nakirya is the leader of the Victoria group, very hard working, and involved in the bar business. She makes the local brew herself with bananas and sells them both in retail to home customers as well as selling to other bar owners that are not able to make the brew themselves. She makes tonto and waragi, both delicacies of the local communities mostly enjoyed in the evenings after a hard day?s work. This is Frisita?s 34th loan and all of them have been helping her in her business as well as being able to buy other beers like Bell lager, Nile Beer and others made in big factories for increased income. She is also a farmer with matooke, cassava, and sweet potato plantains for home consumption and the excess is sold to cater for home needs. She is married with children, some of whom are out of school, but care for 3 grand children. Frisita needs a loan to be able to buy more bananas, sorghum, and buying grass for making her brew.

About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.