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Hellen's Group
In this Group: Hellen, Annet, Sarah, Florence, Janet, Deborah, Grace, Barbara, Agnes, Florence
K. Hellen is the leader of her first lending group in Mukono. She is 31 years old and a business lady with a hardware shop that she has owned for the past year in Nabuti. She wishes to use her loan to expand and buy more products such as paints and nails to earn additional profits. At the moment, she makes weekly profits worth 50,000. However, this is still too little profit; consequently, she wishes to grow her business.

Hellen has a family, including her husband and three children, aged one to nine, and she wants to see them grow into responsible people with good education.

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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,710,775
    Funds lent in using Kiva
  • 2,050.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Hellen's Group's $1,075 loan helped a member to expand her inventory of hardware shop items so she can sell to the community.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2009
Listed
Aug 13, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010