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Grace's Group
In this Group: Grace, Sauya, Scovia, Aisha, Teddy, Christine, Annet, Zainab, Loice, Aisha, Badru*
* not pictured
Grace S. is the leader of Hope Group 2 in Kigombya. She is a hard working lady with various businesses. As a poultry farmer, Grace raises both layers and broiler chickens for eggs and meat respectively, and is involved in the sale of poultry feed for other poultry farmers. She is also a farmer, and her chickens’ husks help to fertilize her plantations for high quality yields. Except for her farming enterprise, which she has had for a very long time, her businesses have only been in operation for 3 years. Since she has learned to manage her businesses, she does not regret not having had previous loans to increase her capital. Grace currently needs a loan to help buy more feed for her poultry farm, and for resale.

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

  • $1,800
    Average annual income
  • 235
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,100.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Grace's Group's $2,500 loan helped a member buying more feed for poultry, and for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2009
Listed
Jul 28, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2009