[This is part of a series of posts that will extend through the entire year of 2009 twice monthly according to my original post "My pledge to Kiva for 2009". To view all of my Kiva projects, take a moment to check out my Kiva lending page.]
In this week’s Kiva Pledge Update I am supporting Margaret Nankabirwa’s Group, who is currently operating a secondhand clothing store in Kampala, Uganda.
According to their Kiva business page:
Nankabirwa Margaret is the leader of her lending group in Namasuba. She is a young woman who is obsessed with the desire to succeed through hard work. She is not yet married and has no child.
Margaret has a business selling secondhand clothes and has a shop in central Kampala. She joined her lending group to be able to access more capital for her business since she could not find any other alternative and, sincerely, she has found it worthwhile. She wants to be an independent lady and, even if she gets married, not leave everything to her husband.
Margaret needs a loan to be able to buy more clothes for increased variety, leading to increased sales and hence more income and profits.
Stay tuned for the next Kiva Pledge Update on October 25th.
