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Fatumah's Group
In this Group: Fatumah, Rebecca, Zulaika, Vicent, Janet, Winfred, Patrick, Jane, Sylivia, Ivan, Monica, Halima, Hillary
Fatumah B. is the leader of Mukisa group in Butiki, Jinja. She is a hard-working lady who runs a business selling clothes. She buys garments for her shop from Jinja, Iganga and sometimes from Kampala, depending on the prices at the time. Fatumah sells mostly womenswear and childrenswear, both brand new and used, and this has enabled her to win many customers with different tastes. She has run her shop for four years now, and she hopes that it will grow more and more. Fatumah needs a loan to help buy a bale of clothes to resell.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Uganda

  • $1,500
    Average annual income
  • 322
    View loans »
    Uganda Loans Fundraising
  • $29,617,400
    Funds lent in using Kiva
  • 2,145.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatumah's Group's $2,425 loan helped a member to buy a bale of clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2009
Listed
Apr 20, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009