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Beatrice's Group
In this Group: Beatrice , Joy, Hellen, Deborah, Angella, Rose, Lydia, Martha, Esther, Mariam, Aisha, Jane, Musana, Geofrey, John, Robert
Beatrice K. is a friendly and hard-working 40-year-old widow with five children aged 12 to 20 years of age. The older two are currently on vacation, while the rest are in secondary school. She also cares for one nephew, one niece and her own parents. Beatrice makes a living running a canteen and a farm that she has owned for five years. She is also a seamstresss, who learned her trade at a school where she now teaches sewing other people, mostly young girls.

In her canteen, Beatrice sells a variety of products because this attracts more customers, and uses a portion of her income to pay school fees for her children and to maintain their standard of living. She has applied for this loan to complete work on the building where she teaches sewing, and to buy more products for her canteen, particularly sugar, bread and cakes. She leads the Tulwanirewamu loan group pictured here.

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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,114.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Beatrice's Group's $4,975 loan helped a member to restock her store and buy building materials .
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2009
Listed
Jun 19, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009