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Lovinsa's Group
In this Group: Lovinsa , Alice, Rose, Ronald, Salama, Geofrey, Fatuma, Janefer, Esther, Hellen, Zalia, Eddie, Rehema, Faridah, Matia
G. Lovinsa is the leader of the K. group of Ivunamba. She has a retail-shop business that she has been running for a long time. She is grateful to have watched her business grow over the years, and, as a result of her success, her daily sales, income, and savings have improved.


Right now, her income is 80,000 shillings, and she has more than 150,000 shillings in her personal savings. However, she plans to more than double this so that she will easily be able to pay school fees for her children.


Lovinsa needs a new loan so as to be able to stock her shop with more products.

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

  • $1,800
    Average annual income
  • 261
    View loans »
    Uganda Loans Fundraising
  • $31,047,900
    Funds lent in using Kiva
  • 2,145.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Lovinsa's Group's $3,450 loan helped a member to restock goods for sale in her retail shop.
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