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Sarah's Group
In this Group: Sarah, John, Justine, Jovia, Sedrica, Godwin, Merabu, Justine*, Alex*, Benon, Kevin
* not pictured
Sarah N. is 40 years old and the leader of her lending group in Ibanda. She is married with four children, ages 23 to 7 years old, all of whom are still in school as she cares for one dependent. Sarah has had a retail shop and a hotel in Burunga T/C for over ten years, and it’s because of her customers’ loyalty that she has managed her businesses. She has a dream of transforming her hotel into a modern one and to have all her children educated. Sarah is a determined and hardworking lady and she needs a loan to help buy more food items and accessories like plates, spoons and folks for her hotel and for restocking her retail shop.

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
  • 160
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,060.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarah's Group's $3,675 loan helped a member purchasing food items and dishware for her hotel, plus restocking the retail shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2009
Listed
Aug 11, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010