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Teopista's Group
In this Group: Teopista, Juliet, Emmanuel, Leonald, Paul, Beatrice
Teopista K., 50, is a friendly and hard-working lady who has been selling produce from Kabweza Kako Trading Centre since 1974. Purchasing her produce from local farmers and selling from her stall, she is happy with her business but at times faces challenges such as the change in seasons and increased transportation costs which ultimately force her to increase the price of her produce. She is grateful that her customers stand by her throughout these difficulties, an indication of the good relationship she has with them.



Teopista is the married mother of six children, two in secondary school and the rest at the University, each also working part-time. She is now requesting a loan to purchase more produce to increase her earnings. Receiving loans has improved her life and business since she is now able to earn monthly profits ranging from 100,000 – 150,000 shillings. She has dreams of educating all her children to the University level and completing her family house.

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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $29,253,525
    Funds lent in using Kiva
  • 2,310.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Teopista's Group's $2,350 loan helped a member buying more produce for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2009
Listed
May 16, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009