Entrepreneurs We've Helped

Name: Godfrey Mwesigwa Group

Location: Mityana, Uganda

Activity: General Store

Loan Used: To buy inventory.

Description: Mwesigwa Godfrey is the leader of his group and a businessman with a retail shop. He is also a farmer with cows that he keeps at his home and these have been helpful in giving him milk for sale and home consumption. He is married with school-going children and the school fees have not been a burden especially now that he has access to loans that boost his business. He is really grateful for the support.

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.