Check out some available loans that are similar to this one!
Margaret's Group
In this Group: Margaret, Sylivia, Paul, Rosemary, Sarah, Margaret, Josephine, Agnes, Betty, Shamim*, Hadijah, Mariam, Phoebe, Sarah*
* not pictured
M. Margaret is the chairperson of Wofunira group in Zana. She is a 52-year-old and a very hard-working lady with a poultry business in Naziba, Seguku for the past 10 years. Over that time, her farm has expanded and at the moment, she has 2000 layers and 400 broilers and she hopes to increase it further.



Margaret is a widow with 11 children and she cares for 6 dependents including paying their school fees and general upkeep. Margaret needs a loan to be able to buy chicken feed and chicks for farm expansion.

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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,090.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Margaret's Group's $4,800 loan helped a member buying chicken feed and chicks for farm expansion.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2009
Listed
Jul 30, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2009