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Margaret's Group
In this Group: Margaret, Swabra, Innocent, Cate, Topista, Scovia, Justine, Rose, Florence, Oliver, Florence, Hadijah, Prossy*
* not pictured
N. Margaret is the leader of Umoja group in Seeta. She is a hardworking lady who has had a retail shop business in Kiwanga Trading center for three years. This is her first loan with the group and she hopes that the loans will help her rebuild her shop with more stock hence be able to make more profits.

Margaret is the single mother of two children and she cares for two grandchildren. Three of the children are in school. She is happy that she is not renting her shop premises hence the transformation won’t be so bad.

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
  • 322
    View loans »
    Uganda Loans Fundraising
  • $29,688,425
    Funds lent in using Kiva
  • 2,097.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Margaret's Group's $1,825 loan helped a member to restock her retail shop with more products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2009
Listed
Jul 20, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2009