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Fatuma's Group
In this Group: Fatuma, Moses, Teo, Abi, Bena, Daniella, Godfrey, Ronald, Eliyasi, Moses, Richard, Damalie
N. Fatuma has been able to pay back her previous loan on time because she was able to put it to good use once she received it. She is a businesswoman with a tailoring business where she makes dresses, skirts, blouses as well as mending those that are already made. She is married with three children and is also caring for two relatives with full responsibility for their welfare.

Fatuma’s weekly income has increased over time, though her business booms mostly during the festive seasons when everyone is in the mood for buying new clothes. She is also a farmer with plantations and cows that all bring in an income. She needs a loan to be able to buy more clothing materials for her tailoring business.

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
  • 158
    View loans »
    Uganda Loans Fundraising
  • $28,708,675
    Funds lent in using Kiva
  • 2,185.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatuma's Group's $4,650 loan helped a member to buy more clothing materials for her business expansion.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2009
Listed
Jun 15, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009