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Tausi's Group
In this Group: Tausi, Safinah, Mariam, Nalongo, Peter, Abdul, Jenifer, Sophia, Stephen, Robert, James, Bruhan, Hakim, Margaret, Milabu, Zoweria, Betty, Lamula, Hamida, Sarah, Alice, Rehma
N. Tausi is the chairperson of the Bugolo Zibulatudde Group in Kikondo, Lugazi. She is 43 years old, married with six children, and also cares for two more kids, all in school. She is a business lady with a business selling fish (mukene) for a living. She buys the fish from fishermen at a wholesale prices and sells to her customers at retail prices.



She has successfully completed the repayment of her previous loan and with this new loan, she intends to buy more small fish for sale to her ever-increasing customers. Her customers are in and around Lugazi district and she intends to look for additional customers as long as she can.

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
  • 222
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,178.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Tausi's Group's $4,975 loan helped a member buying more fish to sell to her customers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2009
Listed
Apr 23, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009