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Betty's Group
In this Group: Betty, Florence, Juliet, Steven, Aminah, Subra, Solome, Joyce, Racheal, Stella, Stella
Betty N. is the leader of her subgroup of Suubilyamukama. She is a mother of 6 children ages 10-25 and all are in school, and she cares for other orphans. She has a business selling secondhand children's clothes in the town center and because she has done this a long time she has many customers. Betty says that she started very small due to lack of enough capital but now that she has access to loans to buy more stock, she makes more sales hence more profits. She dreams of building a permanent house as well as educating all her children at the university level. She needs to buy more stock for her business to increase profitability and sustainability. Betty is a determined and hardworking lady.

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
  • 265
    View loans »
    Uganda Loans Fundraising
  • $29,205,025
    Funds lent in using Kiva
  • 2,075.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Betty's Group's $4,275 loan helped a member to buy more clothes for her stock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2009
Listed
Jul 29, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2009