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Marion's Group
In this Group: Marion, Suzan, Florence, Florence, Ruth
K. Marion is the leader of Akutwala Ekiro group in Mpigi. She is a determined and hard-working lady with a general store as her business for the past 3 years, located in Nateete. Her previous loans have helped to increase the stock in her store, hence winning her more customers. At the moment, she is able to make monthly profits of 400,000/=. Her dream is to improve her business by making it big as well as improving her lifestyle.



Marion is a single mother of 2 children in primary school and she helps pay their school fees singlehandedly. She needs a loan to help buy more stock for her store.

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
  • 251
    View loans »
    Uganda Loans Fundraising
  • $30,263,650
    Funds lent in using Kiva
  • 2,107.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Marion's Group's $1,950 loan helped a member buying more stock for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2009
Listed
Jul 17, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2009