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Yeko's Group
In this Group: Yeko, Daisy, Beat, Aisha, Christopher, Betty, Christine, John, Sarah, Dezi, Isa, Teo, Livingstone, Patrick, Pross, Musa, Joanita, Rose, Beatrice, Robinah
N. Yeko is the leader of her lending group in Lugazi. She is a hard-working business lady who has been selling agricultural products, such as matooke and sweet potatoes, for 10 years. Yeko started on a very small scale in the Lugazi Central market but, at the moment, she is able to make profits worth 150,000/= a week. She says that her loans enable her to stock quality produce and enable her business to move swiftly.

She plans to builda a residential house for her family and ensure that all her children get a quality education. Yeko needs a loan to help increase the capital in her business so that she is able to buy more produce to resell. This is Yeko’s 35th loan and she and her businesses have grown because of them. She is 50 years and married with 6 children ages 16 to 35, because she also takes care of orphans.

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
  • 229
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,050.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Yeko's Group's $5,000 loan helped a member buying more produce for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2009
Listed
Aug 13, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010