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Annet's Group
In this Group: Annet, Irene, Aminah, Sadio, Gorretti, Sharon, Aisha, Sylivia, Josephine, Elly
L. Annet is a devoted and hard-working lady who sells fish as her business. She is a married lady with 6 children aged 20 – 12 years. One of her children is in the university and the rest in secondary schools. She also cares for orphaned children. She operates from Lugazi's central market and, although she started on a small scale, she is now a wholesaler and is able to earn 150,000/= in profits each week. This is Annet’s 12th loan and she plans to buy more fish for her business so that she can make more profits. This will enable her to pay her children’s school fees and general upkeep, thereby improving her standard of living.

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
  • 290
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,050.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Annet's Group's $3,175 loan helped a member buying more fish for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2009
Listed
Aug 13, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010