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Aminah's Group
In this Group: Aminah, Fatumah, Hadijah, Idi, Yudayah, Faridah, Hajarah, Safina
N. Aminah has had a retail shop as her business for eight years. She is 29 years old and married with three children aged 10, 8, and 6 in primary 3, 2 and 1 respectively.

She had a challenge of lack of enough capital but, now that she can access loans, the problem is somewhat solved. She can use her loans to restock her shop with more products hence making more profits of about UGX 60,000 a week. She hopes her shop will grow much bigger so that she is able to buy her own house in the future. She needs a new loan to help restock her shop.

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
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,340,225
    Funds lent in using Kiva
  • 2,114.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Aminah's Group's $2,800 loan helped a member to restock her shop.
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